The recent developments in the Indian microfinance sector, particularly in Andhra Pradesh (AP), have been disconcerting. Within a relatively short period, a sector heralded as representing a ...
The Karnataka government, under the stewardship of Chief Minister Siddaramaiah, has turned the spotlight on Micro Finance Institutions (MFIs) in the state—including the holding of a high-level meeting ...
Widely discussed in the media and other forums, microfinance is often depicted as a villain causing more harm than good to the poor. How true is this? Microfinance started off in India sometime in the ...