Economics of Microcredit

The book discusses on the understanding of microcredit in Indian and global perspective. Microfinance lending models like Self-help Group, Grameen Joint Liability Group, Cooperatives are described. Microfinance impacts are discussed with respect to income, saving, employment, literacy and migration. Exhaustive scanning of literature on microcredit studies is done. Microfinance and microcredit impact assessment methodologies are analyzed. In-depth discussion is made on the methods of sampling, unit of analysis, data collection, impact assessment models, application of statistical and quantitative models in microfinance/microcredit impact measurement. Finally the book provides empirical findings on the microfinance/microcredit impacts on rural households of India. This book is primarily helpful for researchers and practitioners in the domain of microfinance.