Microfinance has been touted as a miracle cure for poverty in the global south. The reality has been a lot messier. Illustration by Adrià Fruitós. Yabom was lucky. She heard a flat tone, then an ...
Microfinance has seen tremendous growth over the years, and as per various reports, a large population still lacks a savings account, while several families and individuals come under the low-income ...
The country?s only listed microfinance company, SKS Microfinance, on Monday said it has securitised R354 crore of receivables from 18 states, except Andhra Pradesh. The securitisation was done by a ...
MUMBAI, IndiaMUMBAI, India — The government of India’s Andhra Pradesh state said Monday it would push prosecutors to move ahead with 76 criminal cases against employees of Indian lenders it believes ...
TO ANYONE familiar with banking in the rich world, the world of microfinance can seem rather odd. The main providers have not been motivated by anything as straightforward as making money, at least ...
A microfinance institution or micro-finance lender gives small, unsecured loans to people from poorer sections of the society. Usually, the maximum amount of loan that a micro-finance lender gives is ...
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