This book has been revised keeping in view the syllabus for the certificate Course in Micro-Finance of the Indian Institute of Banking & Finance. As the course is aimed at practising micro-finance professionals as well as those aspiring for a career in micro-finance, The book has two parts, viz. Perspectives in Micro -finance and operational Aspects of Micro-finance-defination,scope,etc.It also describes the evolution of micro-finance in Indiaand abroad and assimilates all learning from international experience. recent development in the sector, SHG-2, NRLM and financial inclusion are also discussed.
Part two of the book covers the day-to -day operational aspects of micro-finance. It provides detail regarding the various financial services and products that are offered to micro-finance clients. It also describes the various credit delivery channels. It provides the basic tools for accounting and finance in micro-finance,and explains various financial reporting formats that would be useful to micro-finance professionals. There is specific coverage about compliances to various regulations and issue pertaining to self regulation. This book would be useful to all those interested in micro-finance