Differential Impact Of Microfinance On The Standard Of Living Of The People In Chennai And Kanchipuram Districts Of Tamil Nādu, India : A Comparative Investigation Of Empirical Nature

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Srilakshmi Vajrakarur


This paper is a comparative study that analyses the impact of microfinance on the standard of living and socio-economic development of the clients of microfinance living in the urban district of Chennai and the rural district of Kanchipuram. It takes into consideration the effect of microfinance on the income, savings, entrepreneurial activity and the rates of interest charged by the moneylenders in these two districts and analyses in detail the differential impact of microfinance in these two districts which are of very non-identical nature.  The statistical device of Chi-square test has been used in order to determine whether the impact of microfinance on the recipients of microfinance is significant or not.              

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