4/3/12

Click to edit Master subtitle style

OFINA MICR NCE

4/3/12

BRIEF HISTORY

Microfinance refers to a variety of financial services that target low income clients. 1800s, institutes were known as peoples banks, credit unions, saving &credit co-operatives. 1950 and 1970 countries like Bangladesh and Brazil started to focus on micro investment. BANK (4000 women

In

Between

1972-SEWA

4/3/12

GENERAL OVERVIEW
MFIs

currently operate in over 100 countries.sreving more than 75 million clients. of large market,willingness of banks of MFIs and Govt supportfactors for rapid growth of MFIs. 2007,GRAMEEN BANK won the NOBEL PEACE PRIZE. India Andhra Pradesh,Tamil Nadu,Karnataka accounting 52% of

Availability

In In

4/3/12

WORKING OF MICROFINANCE
Microfinance

supports people in developing economies, especially in rural areas where daily activities are carried out without money. Microfinance supports Poor people who find different ways to meet their needs. Microfinance supports poor households in order to grow.

OBJECTIVES

4/3/12

OCCUPATION OR PARTNERSHIP

SOLE-PROPRIETOR

HOW

MANY PARTNERS OF MICRO FINANCE OR NOT

AWARE

 LOAN

TAKEN FROM MFIs OR BANK MUCH FOR WHAT PURPOSE USED ANY IMPROVEMENT OF TAKING LOAN

4/3/12

HOW

LOAN

PROCEDURE

SATISFIED

WITH BENEFITS

 WAY

FOR REPAYING A LOAN

4/3/12

TWO

MAJOR ISSUES FOR TAKING A LOAN FROM OTHER PLAN

BENEFITTED

PRIOR

SOURCES OF TAKING A LOAN

IN FUTURE

 GOES

BANK REGULARLY .

4/3/12

TO

GET PRESONAL DATA LIKE NAME

CONTACT

SIZE

OF FAMILY . INCOME.

ANNUAL

4/3/12

Sources of Data
q Secondary data:
Meaning Usage sources

q Primary data:
Meaning

4/3/12

Sampling Method and Size

Judgmental Sampling Method :

4/3/12

LIMITATIONS
Small sample size Lack of professionalisiom No use of statistical methods Poor people- lack of education Different opinion Difficult to come on conclusion

4/3/12

Q.1: Which is your occupation?

40% Business Job 60%

Q.4: Do you know about Microfinance?

4/3/12

43%
Yes No

57%

4/3/12

Q.5: Do you get from which sources?

44%
45% 40% 35% 30% 25% 20% 15% 10% 5% 0%

24% 11%

21%

Friends

Relatives

Advertisment

Other sources(news paper)

Friends

Relatives

Advertisment

Other sources(news paper)

Q.6: Have you taken any loan from bank or MFI?

4/3/12

34%
Yes No

66%

Rate of interest

4/3/12

Rate of intrest

>10, 5%

<6, 50%

6--10, 45%

<6

6--10

>10

Q.7: What is your reason for taking a loan?

4/3/12

Reasion for taking loan

42% 25% 8% 25%

50% 40% 30% 20% 10% 0% Home Home vehical vehical Business Business other(edu)

other(edu)

4/3/12

Q.8: Mention the amount of loan.

amt of loan

24%

55% 21%

<500000

500000--10,00000

>10,00,000

Q.9: For which purpose did you take loan?

4/3/12

purpose of taking loan

34%
35% 30% 25% 20% 15% 10% 5% 0% Business House Education other(vehicle)

25%

25% 16%
Business House Education other(vehicle)

Q.10: Do you find any improvement after taking loan?

4/3/12

17%

Yes No

83%

4/3/12

Q.11: Is it easy to get a loan?

22%

78%

Yes

No

Q.12: Are you satisfied with your benefits?

4/3/12

13%

Yes No

87%

Q.13: Which is your way for repaying a loan?

4/3/12

5%

32%

63%

Monthly

Yearly

Other(half yearly,Quartly)

4/3/12

Q.14: Do you want any loan for:

(1)

Starting business
Starting business

48% 52%

Yes

No

4/3/12

(2)

Expand the business:

Expand the business

45% 55%

Yes

No

Q.15: Are you benefited from any other scheme or plan?

4/3/12

14%

25% Yes No No reply

61%

Q.16: Do you have any plan to get finance from any sources?

4/3/12

10% 21%

Yes No No reply

69%

Q-17:Plan to get finance from any other sources?

4/3/12

21%

15% 64%

Bank

MIF

Other(Moneylender,relatives)

4/3/12

Q.18: Do you visit bank regularly?

No 48% Yes 52%

Yes No

Q.19: Do you have any account in bank?

60.00% 50.00% 49 .5 0%

4/3/12

yes than which account ?

23%

40.00% s aving 30.00% 20.50% 20.00% c urrent fix ed dep os ite

77%

10.00% 0.00% 1

7.50%

Yes

no

4/3/12

Q.22: Size of family.

5%

40%

55%

<4

5--6

>6

Q.23:How many earning person in family?

4/3/12

Person in a family

2% 42.5%

45.5%

10%

4/3/12

Q.24:Total Income

19%

37% <5000 5000--10000 10000--16000

44%

RECCOMENDATION

4/3/12

v Recommendations about study

No reliable Results Lack of Information Questionnaire Seminars and groups are conducted

4/3/12

v RECCOMENDATION ABOUT MFIS: Its a Growing concept. Have not concern the slum area. Regional banks should be concerned. Comfortability should be made to people.

4/3/12

CHALLENGES OF MICROFINANCE
Providing financial service to the poor. Incomplete information problem. Hidden action problem. Client profile. Staff.

CONCLUSION

4/3/12

Private & govt. both play their role India is having unique picture of micro-finance. ANDHRA PRADESH & TAMIL NADU consists of 52% and 59% clients respective. Absence of structural education & vocational programme. Many people have shortfall in knowledge and having difficulty in taking loan.

4/3/12