Expanding Your Microfinance World View
Posted in Featured Articles on Nov 30th, 2010
By Lindsay Clinton Editor of Beyond Profit & AVP at Intellecap 30 November 2010 [Good.Is] Rumors of the death of microfinance in India have been greatly exaggerated. Here’s what’s really happening. Until recently, microfinance was the darling of poverty alleviation. A foolproof way to pull people out of $2-a-day poverty. But, now, the microfinance sector in India [...]
Posted in Featured News on Nov 11th, 2010
11 November 2010 [Economic Times] In a development that could potentially offer more relief to microfinance borrowers, India’s microfinance players feel that lending rates can be brought down further if microfinance institutions (MFIs) get funding at lower cost. “Interest rates are an issue that concerns the entire industry, which is subject to combination of issues [...]
Posted in Featured News on Nov 8th, 2010
8 November 2010 [The Economic Times] A cut in rates comes from as high as 34 per cent in the backdrop of an unsavoury situation in Andhra Pradesh, where many borrowers have committed suicides apparently due to coercive methods adopted by micro finance institutions (MFIs) to recover money. Addressing a select group of newspersons after [...]
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