It was inevitable that the commercial model of microfinance in India, with its minimalist and standardised model of lending, would grow into a bubble and run into trouble. Many microfinance commercial organisations have entered the market in search of profits and are competing to lend to the poor.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/microfinance-fairy-tale-turns-nightmare
[2] http://admin.indiaenvironmentportal.org.in/category/author/m-s-sriram
[3] http://admin.indiaenvironmentportal.org.in/category/journal/economic-and-political-weekly
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/debt
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/poverty
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bolivia
