The accessible proof indicates that as a rule micro credit has encouraged the creation and the development of businesses. In short, micro credit has achieved considerably less than what its proponents said it would achieve, yet its negative impacts have not been as drastic as some critics have contended. This is important because microfinance loan recipients have a higher dimension of security in reimbursing the loans and a lower dimension of risk in neglecting to reimburse them. It has often produced self-business, yet it has not necessarily increased incomes after interest payments. In some cases it has driven borrowers into obligation traps. There is no proof that micro credit has engaged women. As a result of such disastrous events, microfinance institutions in India have conceded to setting an interest rate roof of 15 percent.