Study on the role of microfinanceudon indebtedness in marine fisheriesudsector in Odisha

摘要

The microfinance organizations and self help groupsudmobilised in marine fisheries sector play vital role in reducingudthe indebtedness among marine fisherfolk. The study makesudan attempt on the assessment of the extent of indebtednessudamong marine fisherfolk in mechanized, motorized andudtraditional fisheries sectors and the impact assessment ofudMicrofinance Institutions (MFI) on coastal indebtedness. Theudstudy was carried out in four coastal districts of Odisha state.udSituational analysis was done through PLA in the selectedudlocations and the sample respondents were selected fromudmechanized, motorized and traditional sectors. Data wereudcollected through personal interview from members of 12udselected MFIs and non members in these sectors comprisinguda total of 600 respondents. The results showed that the leveludof indebtedness of members of MFIs was less compared toudthe non members. Even if the indebtedness was more inudcertain cases, the repayment capacity was found to beudsignificantly improved in MFIs. There is an extreme necessityudfor strengthening the MFI ventures in the traditional andudtertiary fisheries sectors in the state. A comparative assessmentudof the sources of credit, purposes of credit and utilizationudpattern of loans in the state also was undertaken to drawudvalid conclusions. It was also found that the MFIs rankedudbetter in most of the major attributes in the perception ofudstakeholders compared to banks and non-institutional creditudsources. Success cases of MFIs on entrepreneurial capacityudbuilding, those significantly played the role in the debtudredemption and poverty alleviation were documented as audpractical manual for mobilizing MFIs in any key areas on audsustainable basis.