IMPACT OF MICRO FINANCE ON FINANCIAL PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES: A CASE OF RUPANDEHI DISTRICT
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Abstract
Micro-finance organizations are established to provide various financial services to the deprived sector of a group of people for achieving various growth objective. Microfinance is the tool for elimination of poverty. The availability of services for the poor may rise as microfinance gains popularity and enters the mainstream, enhancing effectiveness and outreach while bringing down prices. In 1997 Buckley have done research on the impact of micro-finance credit for development of business, for example outreach, high repayment
rate and financial performance.
Description
The primary objective of this study was to assess the Impact of Microfinance on financial performance of small and medium enterprises in Rupandehi District and general objectives of this study were to examine the impact Saving service, Loan service and financial training and advisory service provided by microfinance on financial performance of small and medium enterprises. This study considered small and medium enterprises taking servicesfrom microfinance institutions for their business operating within Rupandehi district as
population for data collection.