Microfinance – India since independence has been attempting through various plans and programs to develop on equitable society in which every body will at lease be able to meet the basic requirement of life. So the microfinance is related with the development of villages. Microfinance companies provide finance facilities for villagers so they fulfill their needs and made his career successful.

Structure of microfinance

Microfinance is very growing sector in the financial market. It provides small financial services to assist the poor financially which comes in the work of agriculture, dairy, poultry, pottery etc and among others personal needs. The amount of this microfinance need can be Rs. 1000 -50,000/-

Courses in microfinance

There are some institutes in the country which offers diploma course and some institutes offer MBA programs in microfinance.

Opportunity for jobs

Lots of microfinance companies are doing work in county as sks sashana microphin, society bandhan, asimata microphin ltd, ceasper micro credit etc. there are lots of opportunity for service besides this. Banks are also providing the micro financing facilities.

Salary

In starting salary may be 7 to 8 thousands in microfinance sector and after experience it increased.

Which in students are eager to go bank and other finance insurance companies get project in this experience, they gets job very easily.

Main institutes

Institutes of rural management, Anand

www.irma.ac.in

Indian institute of banking and finance, Delhi and Mumbai

www.iibf.org.in

National institute of rural development, Hyderabad

www.nird.org.in

Institute of financial management and research, Chinny

www.ifmr.ac.in

Basix, Hyderabad

www.basixindia.com

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