alexa
Reach Us +44-1522-440391
Impact of Micro Credit on Household Income of Women in Madurai District, Tamil Nadu-A Study | OMICS International | Abstract
E-ISSN: 2223-5833

Arabian Journal of Business and Management Review
Open Access

Our Group organises 3000+ Global Conferenceseries Events every year across USA, Europe & Asia with support from 1000 more scientific Societies and Publishes 700+ Open Access Journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.

Open Access Journals gaining more Readers and Citations
700 Journals and 15,000,000 Readers Each Journal is getting 25,000+ Readers

This Readership is 10 times more when compared to other Subscription Journals (Source: Google Analytics)

Research Article

Impact of Micro Credit on Household Income of Women in Madurai District, Tamil Nadu-A Study

Selvaraj N1*, Alagukanna AS2 and Suganya M1

1Commerce Department, Saraswathi Narayanan College, Madurai, Tamil Nadu, India

2Management Department, Saraswathi Narayanan College, Madurai, Tamil Nadu, India

Corresponding Author:
Dr. Selvaraj N
Assistant Professor of Commerce, Commerce Department
Saraswathi Narayanan College, Madurai, Tamil Nadu, India
Tel: 09843727975
E-mail: [email protected]

Received: May 25, 2015 Accepted: August 20, 2015 Published: August 28, 2015

Citation: Selvaraj N, Alagukanna AS, Suganya M (2015) Impact of Micro Credit on Household Income of Women in Madurai District, Tamil Nadu-A Study. Arabian J Bus Manag Review 5:160. 

Copyright: © 2015 Selvaraj N, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Abstract

Micro-credit now means providing small scale financial services to people, who operate very small or microenterprises who work in agriculture, fishing and herding, who provide services and other individuals or groups at the local levels of developing countries both rural and urban. For assessing the impact of micro credit, a comparison of pre-credit and post-credit situations is undertaken in this study. The impact was measured as the difference in the magnitude of a given parameter between pre and post-credit situations. An attempt has been made to examine the variation in annual income of the respondents among various sectors, such as agricultural, manufacturing, service and trading sectors. For this one way ANOVA is applied. The household income represents the total income of the family members through all sources before availing micro credit. When the family members earn, it is a supporting source of income for the respondent. The higher family income indicates a better standard of living, and a better family environment. The annual income of the household before availing credit has been classified into four groups.

Keywords

Top