Title: The revolutionary impact of micro-finance and role of financial institutions on agriculture income of farmers: an empirical analysis

Authors: Syed Mohd Minhaj; Saima; Mohd Altaf Khan

Addresses: Jamia Millia Islamia, Jamia Nagar, Okhla, New Delhi, Delhi 110025, India ' Jamia Millia Islamia, Jamia Nagar, Okhla, New Delhi, Delhi 110025, India ' Jamia Millia Islamia, Jamia Nagar, Okhla, New Delhi, Delhi 110025, India

Abstract: The objective of this study was to analyse the difference in earnings between a farmer who borrows funds and a farmer who does not borrow funds from micro financial institutions. Primary data was collected from two groups of farmers, one comprising farmers who borrowed funds from an MFI and the other group comprising agriculture farmers who borrowed funds from a non-MFI. Questionnaires were prepared for each of the farmer groups separately and 50 farmers were sampled in each group. The survey was conducted in rural areas of Chitradurga district and some parts of Uttar Kannada district. This study looked at how frequently farmers borrowed money. The study found that farmers who obtained finance had statistically better farm income than farmers who did not obtain finance funding for their operations, suggesting that borrowing from micro finance institutions for agriculture farming operations would likely result in an increase in income from farming operations.

Keywords: micro finance; agriculture farmers; income; borrowing; financial institutions.

DOI: 10.1504/IJBIR.2025.150768

International Journal of Business Innovation and Research, 2025 Vol.38 No.4, pp.488 - 504

Received: 12 Jul 2022
Accepted: 23 Oct 2022
Published online: 23 Dec 2025 *

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