Impact Of Microfinance On Growth And Performance Of Msmes In Bangalore.

Abstract

Purpose -This paper aims to study the impact of microfinance institutions on the growth and performance of Micro, Small, and Medium Enterprises (MSMEs) in Bangalore, India. The objective is to understand the role of MFIs in promoting the growth and development of MSMEs in this specific context to examine the capacity of Microfinance in enhancing their services to Micro small and medium Enterprises in selected location of Bangalore and to assess the level of performance of Micro small and medium Enterprises using Microfinance loan and credit services.

Design /Methodology /Approach - The researcher in his findings reveal that Microfinance institution play a crucial role in enhancing the growth and performance of MSMEs in Bangalore. The availability of microfinance services enables MSMEs to access the necessary capital for business expansion, investment in new technologies, and increase profitability. Overall, the study analyses the factor influencing the level of perception of Micro small and medium Enterprises on the contribution of Microfinance loan to their growth & development, emphasizing the need for continued support and collaboration between Microfinance institution, policymakers, and other stakeholders to foster sustainable and inclusive economic development in the region.