Following India’s Microfinance Crisis, A Shift to Male Clients
The 2010 Andhra Pradesh microfinance crisis may cause MFIs to shift away from a majority female client base to a more gender-balanced portfolio.
The 2010 Andhra Pradesh microfinance crisis may cause MFIs to shift away from a majority female client base to a more gender-balanced portfolio.
The microcredit industry needs to be regulated through policies that address high interest rates and abusive loan recovery practices.
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The Grameen Foundation’s Bankers Without Borders initiative applies skills-based volunteering to poverty alleviation.
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Few microfinance institutions articulate what, exactly, their ultimate goals are and how to achieve them. If the goal of microfinance is to alleviate poverty, the authors say, then MFIs should focus on helping their clients build successful enterprises, rather than on making more and bigger loans.
The microcredit industry needs to be regulated through policies that address high interest rates and abusive loan recovery practices.
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