Abstract :
Sustainable growth is the realistically attainable growth that a company could maintain without
running into problems. A business that grows too quickly may find it difficult to fund the growth.
A business that grows too slowly or not at all may stagnate. Finding the optimum growth rate is
the goal. A sustainable growth rate (SGR) is the maximum growth rate that a company can
sustain without having to increase financial leverage. Creation of sustainable growth is a prime
concern of small business owners and big corporate executives alike. Obviously, however,
achieving this goal is no easy task, given rapidly changing political, economic, competitive, and
consumer trends. Each of these trends presents unique challenges to business leaders searching
for the elusive grail of sustainable growth. Competition is keen in nearly all industries, which
have seen unprecedented breakdowns in the barriers that formerly separated them. The concept
of sustainable growth can be helpful for planning healthy corporate growth and forces managers
to consider the financial consequences of sales increases. Often, a conflict can arise if growth
objectives are not consistent with the value of the organizationʹs sustainable growth. This paper
tries to explain about sustainable growth with some of the strategies to obtain these and attempts
to provide the current thinking in development finance, particularly the microfinance sector and
how sustainable development can be created through microfinance with the help of a case study.
