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Millennium Development Goals and International Year of Microfinance 2005 in Nepal

Journal of Nepalese Business Studies

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Title Millennium Development Goals and International Year of Microfinance 2005 in Nepal
 
Creator Sharma, Puspa Raj; Prithivi Narayan Campus
 
Subject Business Studies; Economics
 
Description No single intervention can defeat poverty. Poor people need employment, schooling and health care. Some of the poorest require immediate income transfers or relief to survive. Access to financial service forms a fundamental basis on which many of other essential interventions depend. Moreover, improvement in health care, nutritional advice and education can be sustained only when households have increased earnings and greater control over resources. Financial services thus reduce poverty and its effect in multiple, concrete ways. And the beauty of microfinance is that, it emphasizes to women empowerment and self dependent financial approach. It emphasizes the financial sustainability also, which can contribute far beyond the limits of scarce donors. In this arena, International Year of Microfinance 2005 substantially contributes to achieve Millennium Development Goals (MDGs).

Journal of Nepalese Business Studies Vol.2(1) 2005 pp.87-94
 
Publisher Faculty of Management Prithivi Narayan Campus
 
Date 2007-04-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier https://www.nepjol.info/index.php/JNBS/article/view/59
10.3126/jnbs.v2i1.59
 
Source Journal of Nepalese Business Studies; Vol 2, No 1 (2005); 87-94
2350-8795
 
Language eng
 
Relation https://www.nepjol.info/index.php/JNBS/article/view/59/489
 
Coverage Nepal