Tag Archives: MFI

The nuts and bolts of Microfinance

In both developed and developing economies, penetration of credit facilities into the rural and semi urban set up continues to be an uphill task for government, local and social organisations. In a populous and diverse country like India, where about 69% of the population lives in rural areas, like-minded social groups are working hard to… Read More »

Micro-lenders are looking beyond core business to boost up their income

A recent press report said that Microfinance institutions are looking for a steady flow of income by going beyond the core business of micro-lending to the poor. The MFI have started working on new offering in home loan, gold loan, mobile financing, among others  as the RBI has now permitted them to have up to… Read More »