Estimation of Microfinance Demand and Supply: With Special Reference to Assam

  • Gopal Kumar Sarma Department of Economics, BBK College, Nagaon, Barpeta-781311, Assam
  • Saundarjya Borbora Department of Humanities and Social Sciences, IIT Guwahati, Guwahati-781039, Assam
Keywords: microfinance, demand, supply, demand-supply gap, Assam, SBLP

Abstract

The paper delves to estimate microfinance demand, supply and its mismatch in India in general and Assam in particular. Since exact estimation is a bulky task, it adopts an approximation model based on poverty database, mixmarket database and some complementary reports on microfinance. The study shows that microfinance demand has shown a trend of increasing growth for India as well as Assam and stands its candidature as a potential matured market in future. The supply of microfinance for India as a whole is at low level, which shares only 0.70 per cent of gross domestic product of India. From the regional perspective, southern region dominates the supply of microfinance and Assam shares the least. The study indicates a huge mismatch between demand for and supply of microfinance and considering mixmarket average loan size all the regions of India are deficient in terms microfinance supply. The study further indicates some of the possible reasons for the mismatch.  

Int. J. Soc. Sci. Manage. Vol-2, issue-4: 308-314

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Author Biographies

Gopal Kumar Sarma, Department of Economics, BBK College, Nagaon, Barpeta-781311, Assam

Dr. Gopal Kumar Sarma is an Assistant Professor of Economics at B.B.K. College, Nagaon, Assam, India. His areas of interests include development economics, financial economics, microfinance, poverty and inequality, applied econometrics, macroeconomics and agricultural economics.

 

Saundarjya Borbora, Department of Humanities and Social Sciences, IIT Guwahati, Guwahati-781039, Assam
Prof. Saundarjya Borbora is a Professor in Economics at Indian Institute of Technology Guwahati, Assam. His areas of interests include Development Economics, Industrial Economics, Labour Economics.
Published
2015-10-25
How to Cite
Sarma, G., & Borbora, S. (2015). Estimation of Microfinance Demand and Supply: With Special Reference to Assam. International Journal of Social Sciences and Management, 2(4), 308-314. https://doi.org/10.3126/ijssm.v2i4.13099
Section
Research Articles