small scale loans to alleviate poverty in india

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Small Scale Loans to Alleviate Poverty in India

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Page 1: Small Scale Loans to Alleviate Poverty in India

Small Scale Loans to Alleviate

Poverty in India

Page 2: Small Scale Loans to Alleviate Poverty in India

In Brief About India

India is an Asian country where poverty has been a major issue. There are families

who cannot even afford the basic necessities of life. It is the introduction of small scale

loans which has gained an adequate control over poverty by improving the financial

conditions of families in india during the past few years.

Page 3: Small Scale Loans to Alleviate Poverty in India

Noticeable Changes in India Through Small Scale Loans

Income Generation For Women:

Before the introduction of small

scale loan women could not even

think of generating some income

on their own and support their

family. Small scale loans made the

impossible possible and added a

countable change in the life of

people in India . With support from

small scale industry loans women

were able to start few income

generating activities to fight

against poverty. Income generated

helped these women to provide

their family members with basic

requirements of life like food and

shelter.

Page 4: Small Scale Loans to Alleviate Poverty in India

Housing:

In India many families are not having shelter. Micro loans with esay installments

helped those families in India to improve the condition of their family by providing

shelter.

Noticeable Changes in India Through Small Scale Loans

Page 5: Small Scale Loans to Alleviate Poverty in India

Food Availability:

There was a time when most of the families in India were unable to afford 3 meals a

day for their members. Children had to sleep many nights without having food.

Vodafone m pesa India transformed these horrible nights into good one's by creating

availability of sufficient food. Now most of the people can afford at least 3 complete

meals a day.

Noticeable Changes in India Through Small Scale Loans

Page 6: Small Scale Loans to Alleviate Poverty in India

Electricity and water facility:

Now Mass of the people do not have to travel long distances and get water

from well. Almost every house has got electricity and water taps which

save a lot of time and energy. People are able to complete their household

work on time and spare some time for other income generating activities.

Noticeable Changes in India Through Small Scale Loans

Page 7: Small Scale Loans to Alleviate Poverty in India

Medical facilities:

Earlier people use to avoid medical treatment when required, as they were

not able to afford it. Availability of small scale loans helps people in India to

avail medical treatment either at government or private hospitals depending

upon the requirement.

Noticeable changes in India through small scale loans

Page 8: Small Scale Loans to Alleviate Poverty in India

Education for Children:

Zero interest micro loans helped Indian people in paying school fee and fulfilling

other basic requirements like books and clothes. Now children go to government or

private school to make a better future for family and the country.

Noticeable changes in India through small scale loans