The role of informal microfinance institutions in saving

� To enable research questions and hypotheses derived from scientific theories to be
tested so as to allow adopt/adapt the existing theories.
� To bring up light other unexpected issues this may be important discoveries.
� Helps to bring more concepts, variables and relationships and thus helping to uncover
the real world.
6. How each of the step in the project been thought through in terms of their feasibility?
Each of the steps in the project been thought through by:-
(i) Defining the statement of the problem - keeping in view either some practical
concern or some scientific or interest intellectual, i.e. the researcher must immerse
himself thoroughly in the subject matter concerning which he wishes to pose a
problem.
(ii) Understanding the nature of the problem.
� To discuss the problem with those who first raised it in order to find out how
the problem originally came about and with what objective in view.
(iii) Surveying the available literature – All the available literature concerning the
problem at hand must necessarily be surveyed and examined.
(iv) Developing the ideas through discussion:-Various new ideas can be developed
through discussion. Hence, a researcher must discuss his problem with his
colleagues and others who have enough experience in the same area or in
working on similar problems.
(v) Rephrasing the research problem:
� The researcher must sit to rephrase the research problem into a working proposition.
When the nature of the problem has been clearly understood, the environment (within
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