Paper Title
A Study Of The Concentration And Imbalance Of Microfinance Institutions In North-East India
Abstract
This paper discusses the presence of microfinance institutions in various parts of India, with special reference to
Northeast India which suffers from financial exclusion the most, and South India, which enjoys the largest concentration and
distribution of MFIs. The paper examines the factors responsible for the success of MFIs in South India, namely, higher
women literacy rates and better local economic development, and compares the factors with the data from the North-East
India. Through an extensive literature review, empirical data obtained from primary sources and secondary data obtained
from the Census of India 2011, it is determined that in spite of the presence of factors responsible for the prosperity of MFIs
in similar capacity in both South India and North-East India, both regions do not attract MFIs in the same way. This paper
acknowledges the anomaly observed in the concentration of MFI in North East India despite the presence of conditions
conducive to its growth.
Keywords- Microfinance, North-East India, Microcredit, MFIs, Financial Inclusion, women literacy rate