While the demonetisation tsunami sorely hurt the microfinance industry, Bandhan Bank offers a good template for what MFIs can do after acquiring banking licenses.
Hanan Odah, a Palestine refugee is living proof that as large businesses collapse, small-scale enterprises can survive and even thrive in the grassroots markets.
This week’s selection from the world of social science research.
We need to develop solutions to the many shortfalls in the microfinance industry by addressing the true costs of building the market infrastructure.
Despite the creation of self-help groups and microfinance schemes, Hemlata Manglani’s case studies reveal that the social environment for women’s enterprises in Haryana has not improved.
Inadequate regulation coupled with the increasing tendency for women to borrow money for consumption rather than income generation is leading to mounting indebtedness in eastern UP and Bihar, and even suicides.