Wednesday, March 18, 2009

Microfinance: Small hopes, Big gains

A text that focuses on the Indian microfinance scenario

This book is both textual and contextual and focuses on the Indian Microfinance scenario. It gives an in-depth understanding on microfinance products, supported by relevant case studies and examples. The different components of microfinance in the Indian context are discussed with suitable examples such as demand and supply of microfinance, intermediation and regulations and so on.

The book analyzes the role of microfinance and microfinance institutions in natural disasters and also scans various microfinance lending models practiced throughout the world, and focuses on the models practiced in India.

As microfinance in India is a continuous changing practice, the various products, technology, innovations and product mix are captured with suitable examples, drawn from various institutions and organizations. Theories and practices in managing risk and uncertainties are also discussed.

The book concludes with discussions on microfinance as a tool for poverty alleviation, social development, women empowerment, microenterprise development and socio-economic development of rural and urban poor, and is supported with many real cases drawn from the field.

Why do you need it?
  • Defines microfinance as a business and describes its role in social development and poverty alleviation.
  • Discusses various credit lending models used in India and used throughout the world.
  • Includes topics focused on theories, principles, practices and case studies on microfinance.
  • Describes innovative concepts developed in microfinance in recent past.
  • First book that provides an in-depth understanding of microfinance marketing which is missing in most of the books on microfinance available in India.
  • Covers the syllabus of microfinance taught in almost all Management schools of India. Supports the text with real examples (case-lets) from the field covering the major states of India and many institutions universally throughout the book.
  • Discusses the role of microfinance in disasters.
  • Excellent pedagogy and student-friendly format having:
    - Points to remember
    - Multiple choice questions
    - Exercises and assignments
Target audience - Who is the book meant for?
  • Students of Rural Management, Microfinance, Rural Development, Agribusiness Management, Social Works and Social Service.
  • Practitioners working in microfinance institutions; researchers working on microfinance in India
  • For NGO’s in India
About the author

Prof. Debadutta K. Panda is presently working as a core faculty member at Xavier Institute of Social Service (XISS), Ranchi. He is an M.Sc. in Agricultural Economics from Orissa University of Agriculture and Technology (OUAT), Bhubaneswar and a Post Graduate in Rural Management from Xavier Institute of Management (XIM), Bhubaneswar and is continuing his doctoral research on microfinance.

Prof. Panda has worked on consulting and research assignments for agencies like United Nations Development Programme (UNDP), World Food Programme (WFP), World Wide Fund for Nature-India (WWF), United Nations Industrial Development Organization (UNIDO), World Bank, Asian Development Bank (ADB), GVT, MART, CFMR, Government of Orissa, Government of India, AMITY Bhubaneswar Campus (Amity University) and Orissa University of Agriculture and Technology.

ISBN: 9788126519446
Understanding Microfinance
Debadatta K. Panda
Price: Rs 299/-
296 pages

If you have any query please mail it to


Anonymous said...

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The University is of unitary type which offers monitory, consultancy services and research in the area of women's studies.Women University in India The university offers diverse courses whose academic programme is pivoted around women's studies in the discipline of Economics, Education, English, Human Ecology, and Consumer studies, Historical studies,Pshycology, Socioliogy, Tamil and computer science.

Anonymous said...


* Recognizes Small Businesses that Use Technology in Innovative Ways to Better Serve Customers
* EkGaon differentiates itself among record breaking 5,000 applicants

Delhi, India
October 8th, 2009

Dell, UTVi and Endeavor India named the national winner of 2009 Dell Small Business Excellence Award.

Based in Delhi, EkGaon functions as an IT services provider for rural India, designing and developing technology and information systems to address the varying needs of developing communities. The company, founded in 2002, has become a pioneer in mobile rural accounting and mobile tracking of transactions for small rural financial organizations.

The company has a history of creating innovative interface designs for semi-literate population through image capture, numeric and audio output. Their goal was to create a system that enabled rural financial institutions to better serve their customers through paperless updates to a central financial database. This service then grew to address the more pressing need to provide an organizational framework for lending groups- the microfinance institutions clients. The camera based and spoken interaction system for lending groups has enabled a new semi literate population to access financial services. The innovative use of interface design allows customers to capture more information accurately, without having to rely on banking correspondents who would travel to a village infrequently and might not have the customer’s best interests at heart.

As the company grew, it needed a way to streamline and automate its operations while still providing the level of human interaction its customers had come to expect. The use of mobile banking solutions has also reduced the cost of loans and financial transactions by removing physical barriers to having bank branches in rural areas. The solution has the ability to transform the landscape of rural banking as physical proximity is replaced by digital correspondence in a rich format of text, audio, and picture interaction.

“In an effort to capture information about an expanding rural clientele we are identifying problems at the individual level and letting them drive development. Creating the atmosphere where we can co-develop solutions with local participation is one of our end goals but also one of our greatest operational strengths as we are able to address local needs faster and more precisely than our competitors,” said Vijay Pratap Singh Aditya, co- founder and Chief Executive Officer of Ekgaon. He added, “Technology is a critical tool for EkGaon, it’s what allows us to facilitate collaboration over long distances between our offices in north and south India, partners globally and track client performance in real time.”

It was this strong focus on co-development of solutions with customer participation backed by innovative technology that set EkGaon apart from the record breaking 5,000 applicants for the 2009 Dell Small Business Excellence Award.

“EkGaon is living proof that smart IT investments can not only pay off for the business itself, but for their customers as well,” said Ravi Bhardwaj, General Manager – SMB, Dell India.

EkGaon will receive $25,000 in Dell products and services, and a day of best-practice sharing with Dell experts, including time with Chairman and CEO Michael Dell.

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