6. Micro Credit

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Microcredit is a financial tool that aims to provide small loans to individuals who lack access to traditional banking services. It is particularly beneficial for low-income individuals and entrepreneurs who need a small amount of capital to start or expand their businesses.

The concept of microcredit was first introduced by Muhammad Yunus, a Bangladeshi economist and social entrepreneur, in the 1970s. Yunus founded Grameen Bank, which offered small _____________ _____________ __ ______ _____________ ____ ________ _____________ _______ _________ __________ _____________.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master of Arts in Rural Development
Course Code : MARD
Subject Name : Rural Development ? Indian Context
Subject Code : MRD 101
Year : 2022 2023