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Microfinance, Risk-taking Behaviour and Rural Livelihood

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Microfinance, risk taking behavior and rural livelihood are the three dominating issues in the rural financial landscape. Inadequate access to financial services is considered to be one of the main reasons behind inadequate economic opportunity and poverty in rural India. Microfinance has played a significant role in shaping the rural financial scenario. There is a need for micro-finance institutions to focus on a heterogeneous demand structure for the financial services provided to the rur...