Define triangle of microfinance and explain the role of BDS in rural finance.
Answers
Answer:
The term BDS stands for Business Development Services, which mainly focuses on service belonging to non-financial. When there are many constraints present in the internal working of companies. Such hindrances are possible to be removed by the BDS services.
Explanation:
Whereas the microfinance is the facilities, which are complete of financial interest, here a particular person who is willing to make run his or her own business, then at that instance of time, the microfinance turn out to be helpful for the small business starters in rural areas.
Answer:
Micro finance programs from year 1970s have helped the pioneers believethat credit can be used to resolve immediate financial problems extensively. With money assets can be obtained,business organisations can be started and revenue can be created to pay off the credits. Credits or micro finance such as BDS has changed the destiny of rural finance. A large number of people living in the rural regions depend on such credits.