To Study about the Implications of Micro-Financing on the Lower Income Households in Mumbai

Ashay Shah, Prakhar Mittal, Tushar Pal

Abstract: In the research conducted we are studying about the Implications of micro financing on the lower household income groups in Indian metropolitan cities. Our objective while carrying out this research is to study how Micro financing institutions like private operators and lending loans consider different factors while deciding to give the loan. Extensively we have researched to find out the demographic, social and other factors to analyses on what basis MFI gives loan and what they expect in return.

Keywords: Microfinance, Approval of Loan, Rate of Interest