Description
VIVA BOOKS - ORIGINALS Essentials of Microfinance by M. M. Sulphey Vivek Viswan
A detailed account of the intricacies of microfinance this book examines the status of poverty in India and the need of microfinance. Besides providing details about the financial options and credit flow for the rural poor it also deals with the various forms of microfinance assessing its advantages and disadvantages. The book highlights the core objective and principles of microfinance with emphasis on better risk management. A better risk management model highlighting the need of hedging operations is illustrated lucidly. The book delves into the details of the marketing HR organisational structure and technological aspects of microfinance. It charts the recent developments in microfinance and innovations including the microfinance crises and crowd funding in microfinance. Also covered here are the internationally successful models of microfinance.