Delinquency:
following are the causes of delinquency:
1. Enrolement of student
2. Give loan in one home more than one client
3. due to Group agent commission
4.unproductive area
5. Polictical person
Regards:umar shahzad gujjar M.COM working in ASA Microfinanae company
who is the regulator of micro finance in india
Micro finance Institutions, also known as MFIs, a microfinance institution is an organisation that offers financial services to low income people. Almost all give loans to their members, and many offer insurance, deposit and other services. A great scale of organisations are regarded as microfinance institutes.
As we can understand by the name micro finance is the study of individual on the other hand macro finance is the study of whole group.
The difference between the commercial banks and micro finance banks is in their functions and ability. The main difference is in the lending limits with micro finance banks having lower limits.
The financial institution that typically charges the highest rates on loans in most cases is the bank. Other financial institutions like credit unions and micro finance banks have lower interest rates.
Micro Finance Institution
who is the regulator of micro finance in india
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Octopus Micro Finance Suite was created in 2005.
Micro finance Institutions, also known as MFIs, a microfinance institution is an organisation that offers financial services to low income people. Almost all give loans to their members, and many offer insurance, deposit and other services. A great scale of organisations are regarded as microfinance institutes.
As we can understand by the name micro finance is the study of individual on the other hand macro finance is the study of whole group.
Micro finance can be a great way to help out a small business owner. The key to micro finance, like any kind of investing, is research. A potential investor should look for a micro financing institution that is completely transparent in its operations, has a proven track record and allows the investor to choose the transactions or types of transactions in which to participate. A good lending institution will be able to provide records and details. Although no investment is a sure bet, research will make it more likely that an investor sees money invested wisely for the maximum benefit to themselves and the recipient.
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The difference between the commercial banks and micro finance banks is in their functions and ability. The main difference is in the lending limits with micro finance banks having lower limits.
The financial institution that typically charges the highest rates on loans in most cases is the bank. Other financial institutions like credit unions and micro finance banks have lower interest rates.
what are the mn factors that can be affected to the low rate of loan recovery in micro finance sector
CARD Bank Inc.