ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Microfinance for Poverty Reduction: The Kalanjiam Way

The Kalanjiam programme is a unique credit programme that goes beyond the narrow "financial delivery" approach. As this article explains, initiatives under this programme are flexible and tailored to the needs of the poor; the attempt is also to address existing "leakages" in the earlier system of moneylending so as to improve the borrowing capability of the poor. Working through self-help groups, the kalanjiam way also seeks to instil democracy by encouraging a grassroots leadership to emerge and ensuring the community ownership of public works.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top