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Microfinance, also called microcredit, is the provision of small credit to the low-income individuals or groups who otherwise would have no other access to financial services. The term ‘missing middle’ is often used for this section of our society who lost out on formal credit for want of a collateral support. It is here that Microfinance steps in, providing ‘micro’ credit with no collateral whatsoever.
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By bringing them into the folds of financial inclusion, Microfinance has ensured.
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A typical business holds many different assets called capital, including office furniture services equipment, retail display cabinets...
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In addition to payroll cheques, a business writes many other cheques during the course of a year to pay for a wide variety of items including local business taxes,
All cash received from sales and from all other sources has to be carefully identified....
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Jagrati Micro Credit & Welfare Foundation engages with diverse set of external stakeholders at the regional, state, district level ranging from Law Makers, Bureaucracy, Administration.
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