Financial Performance of Group Based Microfinance Model in Haryana
Abstract
Group based microfinance usually signifies a financial arrangement designed to help the rural poor transform their economic condition through formation of Self Help Groups (SHGs). The growth of group based microfinance (Self Help Group -Bank Linkage Model) in Haryana State has been described with the help of Numbers of SHGs, Savings of SHGs, Bank Loan disbursed and outstanding against SHGs; Gross NPAs for bank Loans to SHGs. The finding of the paper reveals tremendous rate of growth on all aspects of growth. The study is based on secondary data collected from National Bank for Agriculture and Rural Development (NABARD).
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