Along with the growth of social enterprises, India has seen its microfinance industry flourish. No longer merely dependent on donor and aid money, poor borrowers have begun demonstrating their creditworthiness, attracting commercial funders encouraged by this sea-change. The authors explore the world of Indian microfinance and the benefits of swimming fully clothed.
Finance and Financial Management
Copyright Owner and License
Copyright © 2010 by Lien Centre for Social Innovation
Savage, Eric; Ray, Abhijit; and Fogla, Abhishek.
Indian Microfinance: Swimming Fully Clothed!. (2010). Social Space. 58-63. Social Space.
Available at: http://ink.library.smu.edu.sg/lien_research/65