Complex, diverse, and risk-prone (CDR) livelihoods account for a sizable portion of hunger and poverty. The microfinance through SHG-Bank Linkage Program (SHG-BLP) has surpassed ten million SHG mark and now covers over 120 million families. Does on-lending microfinance assist the rural poor in reducing vulnerability? Is this microfinance improving coping capacity and sustaining rural livelihoods? What changes have occurred in livelihood pattern of...