The Pressing Need of Behavioural Microfinance

T. Satyanarayana Chary; M. Praveen Singh

doi:10.33516/maj.v50i7.22-25p

The Pressing Need of Behavioural Microfinance

Authors

T. Satyanarayana Chary Business Management, Telangana University, Nizamabad
M. Praveen Singh Telangana University, Nizamabad

DOI:

https://doi.org/10.33516/maj.v50i7.22-25p

Abstract

Behavioural Microfinance helps to understand how the poor take their decision under given circumstances and how they react in utilising and repaying. And it is the need of the hour. The distinctive feature among the beneficiaries of microfinance is repeated borrowing. once a loan is repaid, the beneficiary is lured to a further loan.

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Published

2015-07-01

How to Cite

Satyanarayana Chary, T., & Praveen Singh, M. (2015). The Pressing Need of Behavioural Microfinance. The Management Accountant Journal, 50(7), 22–25. https://doi.org/10.33516/maj.v50i7.22-25p