3 results
- Nov, 2011Growth slows, followed by the decline The 2010 crisis in Andhra Pradesh (AP) halted the rapid expansion of the Indian microfinance market, causing a high concentration of microfinance institutions in AP to become unsustainable. For the first time,...
- Jan, 2011Looking forwardIndian MFIs rely on debt to finance most of their operations, with most of these funds coming from Indian banks based on priority-sector lending arrangements. During the crisis in Andhra Pradesh, this stock of debt has been seen as both a...
- Dec, 2010The rapid growth of Indian microfinance has been at the center of the recent crisis - industry watchers focus on whether microfinance loan portfolios have grown too aggressively and if the debt burden on clients has become unmanageable. Microfinance...
