Traditional banks demand collateral she does not have, and microfinance institutions and commercial banks impose crushing interest rates that drain her profits.

While microfinance institutions are a vital source of credit for many businesses, experts are stressing the need for ...

Flagging problem areas in the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, Governor Thaawarchand Gehlot on Friday returned it to the State government ...

Karnataka Minister H K Patil said on Friday that if illegal loan recovery or charging of interest is considered a “fundamental right” under the Constitution, it would severely undermine constitutional ...

Governor Thaawarchand Gehlot on Friday rejected Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025, stating that in its current form, the lenders, who are also part of the society ...

Governor Thaawarchand Gehlot returned the Karnataka Micro and Small Loan Ordinance, 2025, to the state government for clarification on six points. He raised concerns over provisions barring civil ...

The Karnataka government had proposed the ordinance in the wake of several suicides by borrowers due to coercive actions by ...

Cebuana Lhuillier, the country’s leading microfinance services provider, recently celebrated Cebuanamazing Day, an event dedicated to showcasing its comprehensive financial ecosystem designed to ...

Governor Thaawarchand Gehlot on Friday rejected Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025 that ...

Baobab Nigeria has received an affirmed 'Bbb+' rating from Agusto & Co., a leading Pan-African credit rating agency.

Jaydee Abraham, Ligaya Arculo, Junbert Bentulan and Gregoria Bernabe are microentrepreneurs who have shown that with the ...