Micro-credit has assumed a special significance in the context of increased emphasis on rural development. In time to come, the micro-finance sector is expected to growth further in term of reaching out to more families and would include more services for the poor. Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurship. In that country, it has successfully enabled extremely impoverished people to engage in self employment projects that allow them to generate an income and, in many cases, begin to build wealth and exit poverty. Poverty is one of the main problems which have attracted attention of sociologists and economists. It indicates a condition in which a person fails to maintain a living standard adequate for his physical and mental efficiency. It is a situation people want to escape. As the book addresses this crucial issue quite deftly, it is hoped that it would prove to be a source of great information for the reader.
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