IMPACT OF MICRO FINANCE ON POVERTY ALLEVIATION

From our study, we have come to the conclusions that there is a noticeable and positive impact of microfinance activities on the living standards, empowerment and poverty alleviation among the poor people especially in the rural backdrop. The current study was based on small sample size taken only from two blocks in the state of Karnataka. Therefore the results cannot be generalised to other blocks of Karnataka. Also the study is limited in knowing the impact of microfinance on poverty and has ignored the other benefits of Microfinance as a whole.