Micro credit and its Importance/methodologies

Abstract

Finding a single source of reference for having access to money in the 21 st century is as easy as looking at the magician magically turning cards into money. Most of them would not agree with the above statement stating the difficulties faced by the rural India. Has micro finance played the role it was supposed to? This paper tries to validate the facts by providing a multi-dimensional approach to the progress of micro finance particularly in India and abroad. "If we are looking for one single action which will enable the poor to overcome their poverty,