Profit
Kudumbashree M.E’s NGO M.E’s No Mean. SD No Mean. SD
Below 20000 5 8800 748.33 1 20000 -
20000-40000 28 35143 6605.78 13 31308 15411.41
40000-60000 15 48067 5543.36 20 52750 5356.1
Above 60000 2 70000 5000 16 121563 15882.25 50 50 Source: Primary Data
Table 6.6 portraits the profit generated by Kudumbashree and NGO’s assisted micro enterprises in sample area. It has been noted that 5 Kudumbashree assisted micro enterprises are making only a profit of below Rs20000. 28 units have profit between Rs20000 and Rs40000 with a mean of Rs35143 and SD Rs 6605.78. 15 sample units are making …show more content…
21 Kudumbashree assisted enterprises reported financial problems as their main constraint followed by labour problems, marketing insufficiency, lack of demand and competition from other enterprises respectively. NGO assisted micro enterprises also reported financial problems as the main constraint followed by labour problems, lack of demand, marketing insufficiency and competition respectively. In order to analyze the relationship between problems faced by Kudumbashree and NGO assisted micro entrepreneurs, spearman’s rank correlation test has been applied with H0 : there is no significant difference between ranking of problems faced by micro entrepreneurs . Results summarized are …show more content…
NGO based micro enterprises are more profitable than Kudumbashree assisted micro enterprises.
5. Financial problems are the major constraint faced by micro enterprises even though micro credit is available.
8. SUGGESTIONS
1. It has been observed from the study that, micro credit enterprises which are supported by governmental agencies are far behind the performance of those enterprises which are supported by NGOs. It sheds light on the fact that, more than wide dumping of policies and credit, a focused approach is needed for governmental agencies which do concentrate on individual enterprises than group.
2. A close support and attention should be needed for governmental agencies to make the enterprises more profitable.
3. Most of the respondents demanded a liberal approach of credit, depending on the requirements of each micro enterprise.
9.