ANNIE BANERJI, of Thomson Reuters Foundation, reports on how, in the absence of banks, rural credit schemes are helping women access formal financing and reducing their reliance on loan sharks… Read More
Tag: microfinance
Year Ender 2022: A year of revival for the Microfinance sector, more growth expected in 2023, say experts
The loans disbursed by banks under microfinance institutions witnessed a growth of more than 65 per cent between 2018-19 and 2021-22, the official RBI data showed. Read More
Microfinance helps Indian women borrow
In India, where loan sharks have monopolized the rural credit market for generations, formal microlenders are playing an increasingly important role. Small loans can help women boost their incomes and strengthen their community roles. Read More
Microfinance helps India’s rural women take entrepreneur leap
Pulling out a shirt from a shelf at her shop in central India, Chandrawati Rajpoot recalls the sleepless nights she had after borrowing money from a loan shark — twice to pay for… Read More
Microfinance turns India’s rural women into budding entrepreneurs
In the absence of banks, rural credit schemes are helping women access formal financing—reducing their reliance on loan sharks. Read More