• ISSN: 2010-023X
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing: Engineering & Technology Digital Library, ProQuest, Crossref, Electronic Journals Library , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2011 Vol.2(4): 300-303 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2011.V2.121

Research Study about the Role of Microfinance Institutions in the Development of Entrepreneurs

Sowmyan Jegatheesan, Sakthi Ganesh, and Praveen Kumar S.
Abstract—The Case Study is to have its Focus for entrepreneurs who want to run a business and yet can't afford a piece of equipment and merchandise. A research whereby providing equipment or merchandise to enable the project to run a self funding profitable project. In turn, A share in the project plus getting the full costs of the asset equipment or merchandise including an interest. So, direct seed finance is not needed to be put in a project. Microfinance is the provision that provides access to various financial services such as credit, savings, micro insurance, remittances, leasing to low-income clients including consumers and the self employed, who traditionally lack access to banking and related services. Its main objective is to provide a permanent access to appropriate financial services including insurance, savings, and fund transfer. As Micro finance becomes more widely accepted and moves into main stream, the supply of services to poor may also increase, improving the efficiency and outreach while lowering the costs.

Index Terms—Entrepreneurs, Funding for start-ups Microfinance, Seed funding.

Sowmyan Jegatheesan, Corresponding author. Tel.: +91 9842147452 ; E-mail address: jsowmyan@gmail.com.

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Cite:Sowmyan Jegatheesan, Sakthi Ganesh, and Praveen Kumar S., "Research Study about the Role of Microfinance Institutions in the Development of Entrepreneurs," International Journal of Trade, Economics and Finance vol.2, no.4, pp. 300-303, 2011.

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