Main Core functions of Microfinance program is Saving and Credit Management . Access to finance, in other words provides credit for the betterment of underprivileged people enhancing their living standard, increase income generation activities with their involvement and engagement in the enterprise and business activities are essential change making agents. Credit Analysis , understanding the business environment , selection of right enterprise, marketing skills and more assurance that the loan is repaid back is indispensable for microfinance Institutions (MFIs) . Credit Management deals with credit appraisal lending process and understanding inherent risk of the loan .
