Abstract
The main objective of microcredit schemes is to provide sustainable microfinance with economic development goals. If credit lending institutions can operate profitably and efficiently by targeting lending priorities for the asset-poor in order to elevate the economic status of such borrowers (often to remain above applicable poverty line) and without dependence on any significant financial subsidies, then the microfinance scheme may be deemed to operate as a sustainable microfinance.
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Rao, P.K. (2003). Microcredit and Inverted Banking. In: Development Finance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-06570-9_3
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DOI: https://doi.org/10.1007/978-3-662-06570-9_3
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