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There are the following objectives of Micro Finance Company in India
• provide banking services for modest monetary sums
• boost women’s engagement in generating sustainable livelihoods
• ensure access to high-quality healthcare
• make low-income people self-sufficient
• Enrichment and a growth in the way of livelihood for low-income people
• provide financial and banking help to small businesses that cannot afford collateral.
• provide low-income persons with the opportunity to work for themselves.
• provide financial and banking assistance to persons who work in various trades such as fishing, carpentry, transportation, and so on.Click here to know more – Microfinance Company Registration
This would be great for people interested in starting a business.
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