English, asked by sahil4726, 1 year ago

Characteristics of micro finance in india​

Answers

Answered by aayat90
4

hey mate,

the characteristics of micro finance in India:-

  • mostly it is collateral free.
  • MFIs go to clients rather than clients go to MFIs.
  • simplified Savings and loan procedure.
  • small size of loans and savings.
  • Repeat loans
  • loan size increases in the repeated loans or subsequent cycles.

hope it's helpful for you ✌️✌️✌️


prince8097: how are u
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