GROWTH AND SUSTAINABILITY OF MICROFINANCE INSTITUTIONS IN INDIA AND BANGLADESH-A COMPARATIVE REVIEW STUDY
International Journal of Development Research
GROWTH AND SUSTAINABILITY OF MICROFINANCE INSTITUTIONS IN INDIA AND BANGLADESH-A COMPARATIVE REVIEW STUDY
Received 17th August, 2023; Received in revised form 19th September, 2023; Accepted 10th October, 2023; Published online 27th November, 2023
Copyright©2023, Anuradha Yadav. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Microfinance is important because it provides loans to people at the bottom of the economic pyramid. The study is to examine the growth and sustainability of microfinance institutions, as well as to conduct a comparative analysis of Indian and Bangladeshi MFIs. This study also attempts to assess the long-term viability of microfinance in both nations. According to prior studies, both countries are doing well in terms of microfinance growth and sustainability. According to the literature analyzed by the author, Indian MFIs are more profitable and run more efficiently than those in Bangladesh. Moreover, according to several articles, microfinance may fail to reduce poverty in Bangladesh. According to other articles, the results are not favorable in the context of India.