Institute for Social and Economic Change

Established in 1972 by Professor V K R V Rao, ISEC is an All-India Institute for Interdisciplinary Research and Training in the Social Sciences

Significance of Income Generating Activities under Micro-Finance: A Study of Micro-Finance Groups in Wayanad District, Kerala – isec

Significance of Income Generating Activities under Micro-Finance: A Study of Micro-Finance Groups in Wayanad District, Kerala

Abstract

The present paper discusses the necessity of promoting income-generating activities (IGAs) under micro-finance programmes. Under micro-finance programmes, the principle of joint liability ensures access to credit. In the absence of remunerative IGAs, peer pressure forces the members to borrow loans from various sources at the time of repayment and results in indebtedness. The present paper examines the factors influencing the members to undertake IGAs and puts forth some policies to promote productive activities.

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