2018

Microfinance Leads to Social Inclusion – Dr.R.Indira

Dr. R. Indira, President, Indian Sociological Society, speaking on the panel topic “Nexus between Micro Credit and Sustainability: Unravelling the Research Perspectives” in the pre-conference workshop on ‘Micro Finance for Macro Development’ on November 22, 2018 opined that microfinance has contributed to the social sustainability. Dr.Indira attributes women empowerment with education, freedom of action, economic independence, improved standard of living, rising social status and better organisational skills to microfinancing and SHGs.

Mr. William D’ Souza, Vice-Chairman, Sanghamithra Rural Financial Services

Mr. William D’ Souza, Vice-Chairman, Sanghamithra Rural Financial Services narrated the success and the hardships of MYRADA, a leading and the oldest NGO based at Mysore in delivering microfinance. He was addressing the participants of the pre-conference workshop on ‘Micro Finance for Macro Development’ on November 22, 2018. Based on his practical experience on the field, Mr.D’Souza believes that formation of Self Help Groups (SHGs), and delivery of microfinance to SHGs under joint liability group model has a far-reaching impact on financial inclusion of the economically excluded population in the society.