IDEAS home Printed from https://ideas.repec.org/a/ids/ijbire/v29y2022i1p127-140.html
   My bibliography  Save this article

Livelihood transformation through microfinance: an empirical investigation on tribal entrepreneurs in India

Author

Listed:
  • Srimoyee Datta
  • Tarak Nath Sahu

Abstract

Microcredit, the most famous form of microfinance institution's services, acts as a booster throughout the nation to correct up issues of livelihood transformation, economic regeneration and empowerment. So, to overcome the inequality and advocate further restructuring policies, periodical evaluation of the organisational offerings towards the backward clusters becomes absolutely necessary. India lives in villages. So, backward districts with primitive ethnic groups can be an ideal target to assess the impact of microcredit towards betterment. Considering 425 respondents from five backward districts of India, it has been observed that microcredit has a positive influence towards transformation of livelihood status through different dimensions of empowerment. It reflects the realistic information about the journey of changes in the living of selective ethnic section of the society exploring different aspects of economic and mental well-being. This study contributes to the existing literature by focusing on the tribal communities of India and their well-being. Along with that the acceptance and positioning of MFIs in their society towards the conversation of livelihoods should be the focal point for better tomorrow.

Suggested Citation

  • Srimoyee Datta & Tarak Nath Sahu, 2022. "Livelihood transformation through microfinance: an empirical investigation on tribal entrepreneurs in India," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 29(1), pages 127-140.
    • Handle: RePEc:ids:ijbire:v:29:y:2022:i:1:p:127-140
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=125671
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbire:v:29:y:2022:i:1:p:127-140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=203 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.