Despite the fact that most microfinance institutions (MFIs) were established to reduce poverty ... open by paying them for its clients’ health care. To finance this plan, the MFI charged clients a $12 ...
Microfinance firms using rowdies to threaten people, their activities will be curbed: D K Shivakumar
The Congress government in Karnataka stated on Monday that microfinance companies are using rowdies to harass and threaten ...
While microfinance institutions thrive in urban settings, they are also have the ability to change life for the better in rural areas. A successful business in a rural village could employ several ...
In a ripple effect, women who cannot repay a loan are subjected to public shaming by the entire community of borrowers, who are pressured hard by microfinance institutions to recover ... As part of ...
That is, until she discovered Grameen Bank, one of the first microfinance institutions (MFIs), which set up shop in rural Bangladesh in the wake of the 1976 famine. In 1979, Grameen made Mufiya a ...
They point to the billions of dollars that microfinance institutions (MFIs) such as Grameen Bank, Acción International, and Opportunity International (OI) have given to millions of small-time, ...
Members of the All India Mahila Samskruthika Sanghatane (AIMSS) have urged the State government to act tough against microfinance institutions and private finance institutions that are harassing ...
The Karnataka government plans to introduce an ordinance to regulate microfinance recovery practices due to concerns over ...
CM Siddaramaiah promised that the Karnataka government would take legal action against microfinance institutions that violate the Reserve Bank of India (RBI) regulations, charge excessive interest ...
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