The Nexus Between Microfinance & Sustainable Development: Examining The Regulatory Changes Needed For Its Efficient Implementation.
European Journal of Sustainable Development
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Title |
The Nexus Between Microfinance & Sustainable Development: Examining The Regulatory Changes Needed For Its Efficient Implementation.
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Creator |
Ramaswamy, Apoorva
Krishnamoorthy, Aditya |
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Description |
Micro-Finance as a concept has been largely hit or miss in it’s implementation. While Mohammed Yousuf helped launch the concept into the mainstream in the early 2000’s, the use of Microfinance as a means of achieving Sustainable Development has gained traction only in recent years.The aim of this paper is to analyze the regulatory changes which are required in order to ensure that Microfinance Institutions function efficiently, in order to contribute to Sustainable Development in India.Through the course of this paper, the authors will examine a variety of Microfinance models in order, to comprehend their impact on Sustainable Development.For this purpose, the authors will conduct quantitative and qualitative analysis of various stakeholders in the field of Microfinance and examine a number of successful Microfinance models from other developing nations, to assess the various challenges and issues faced by these institutions. Through the outcome of this analysis, the authors will seek to understand the regulatory status quo & the lacunae prevailing in the law and will thereby seek to arrive at solutions, in order to successfully implement Microfinance as a means to Sustainable Development in India. Key Words: Microfinance, Sustainable, Development, Regulation, India, Qualitative, Stakeholder
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Publisher |
European Center of Sustainable Development
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Contributor |
—
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Date |
2016-10-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/371
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Source |
European Journal of Sustainable Development; Vol 5, No 3; 453-460
2239-6101 2239-5938 |
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Language |
eng
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Relation |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/371/368
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Rights |
This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.Authors of articles published in the European Journal of Sustainable Development retain copyright on their articles. Authors are therefore free to disseminate and re-publish their articles, subject to any requirements of third-party copyright owners and subject to the original publication being fully cited. The ability to copy, download, forward or otherwise distribute any materials is always subject to any copyright notices displayed. Copyright notices must be displayed prominently and may not be obliterated, deleted or hidden, totally or partially.
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