IMPACT OF MICRO FINANCING SUPPORTING TO SMALL AUTOMOBILE WORKSHOPS IN MYSURU

The Micro Finance Institutions have gigantic open doors in the new symbol of smaller scale credit in India. Today the Micro Finance Institution's require the administration to engage them for activating investment funds alongside customary financing associations to satisfy the necessities and interest for rural finance and the shortages of existing sources. However, in recent involvements, and the requirement for subjective and financial development of our economy, we recommend Micro Finance Institutions s better analysis in terms of finance, technology and social responsibility as well as human dignity by evolving some innovative schemes for empowerment and for providing assistance to BPL group and related society. The motivation behind this paper is to watch the part of smaller scale back in the strengthening of individuals and the comprehension of through training education, awareness generation and greater highlighting on occupational training, education and employment so as to enable them to enter the mainstream of economic progress as equal associates in India. The study was conducted in Mysuru with over 75 respondents by applying a Chi-Square test in order to identify is there a real impact/awareness of Micro financing among a Small Automobile workshops. It is clear that people are aware about the micro finance and its sources.