In today’s rapidly evolving economic landscape Microfinance plays a pivotal role by promoting financial inclusion and catering the financial needs and aspirations of underserved populations. Microfinance stands out as a vital engine to accelerate social and economic development enabling the deprived and rock bottom communities to improve their lots and achieve financial empowerment. Presently the microfinance sector in India is well-poised for growth after a phase of consolidation and stabilization. “Basics of Microfinance: Foundation Course” serves as a comprehensive guide for the new entrants to the field as it blends both theoretical knowledge and practical insights. The book is specifically designed for a diverse audience with a primary focus on frontline bankers and professionals aspiring to join growing microfinance industry. The insights and knowledge shared in this volume will definitely enhance the ability to make informed decisions and drive positive changes on the part of bankers.
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