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AnalysisThe challenges of micro-finance in the north-east By Anjali Deshpande The model adopted in India for disbursing micro-credit to the lower income groups through Self Help Groups (SHGs) will have to be suitably modified if the eight states of the north-east are to be included in financial services, says a recent study More... The Nobel for an ideaBy John Samuel The Nobel Peace Prize for Mohammed Yunus of the Grameen Bank in Bangladesh affirms the transformative potential of people's entrepreneurship and voluntary initiatives -- beyond the State and market - to alleviate poverty and advance human rights and social development More... Are micro-finance institutions exploiting the poor?By Dr Sudhirendar Sharma The high interest rates and forced loan recovery practices of micro-finance institutions have been held responsible for the suicide of several farmers in Andhra Pradesh. It is evident that poverty makes good business sense to MFIs, writes Sudhirendar Sharma More... |