Potential Microfinance Clients
Estimate of No. of Poor Households in Bihar (2008) |
Population of Bihar in 2008* |
92.90 million |
Total no of Households** |
18.59 million |
Number of Rural Households (89.54% of total) |
16.65 million |
Number of Urban Households (10.46% of total) |
1.94 million |
Number of Rural BPL Households ( 42.1% of rural population)*** |
7 million |
Number of Urban BPL Households (34.6% of urban population)**** |
673,000 |
Total BPL Households |
7.67 million |
*Assumed annual growth rate of 1.63% p.a. during 2001-08 as per national average for India 1991-2001, All India census data 2001.
** Assuming five person per Households.
*** Rural poverty ratio in rural Bihar is 42.1% for 2004-05 (Source: CSO, NSSO Survey Reports)
**** Rural poverty ratio in urban Bihar is 34.6% for 2004-05 (Source: CSO, NSSO Survey Reports)
Microfinance Outreach |
A. SHG Coverage |
Total Number of SHGs credit linked in the state [1] |
92,008 |
Total Number of Households Covered (13 members/households per SHG) |
1,196,104 |
Percentage of BPL Households as SHG members# |
15.61% |
B. MFI Coverage |
Total Number of clients/households covered by MFIs (Assuming one client per household)* |
236,343 |
Percentage of BPL Households as MFI clients# |
3.1% |
C. Percentage of Poor Households covered by Microfinance |
18.7% |
[1] Source: NABARD data for March 2008. Note: Total BPL households estimated to be 7.67million in 2008.
# assuming all SHG members and MFI clients are BPL
* Source: SADHAN, The Microfinance Quick Report, 2008 & MFI Reports.
Credit Demand of Poor Households in Bihar and the Supply Gap
Demand |
Credit requirement per poor HH per annum (Assumed) |
|
(a) Rural |
Rs. 6,000 |
(b) Urban |
Rs. 10,000 |
Total Credit Demand for Rural BPL households per annum |
Rs. 41,945 million |
Total Credit Demand for Urban BPL households per annum |
Rs. 6,730 million |
Total Credit Demand for all BPL households per annum |
Rs. 48,675 million |
Supply |
|
Estimated Annual credit supply from Banks and MFIs during 2007-08* |
Rs. 2,128 million |
Demand-Supply Gap |
96% |
