The Brouhaha About Ability of Microfinance Training to Enhance Income of Trainees

Governments all over the world, including India, are investing enormous amounts of capital to create the necessary infrastructure for microfinance. The Investment is basically towards the social intermediation of microfinance and more specifically is directed towards providing training to the beneficiaries. Under these circumstances, it is imperative to know whether such initiatives of the Government achieve the desired results. This paper reviews existing literature from different countries in an attempt to find the efficacy of microfinance training on the income of the trainees. The review shows that there are divergent views on the subject and dwells on both points of view. However, there is overwhelming evidence to show that there is a positive impact of training on the income of the trainees, though there is scope for further research on the subject