Where Angels Prey

Where Angels Prey is a novel by Ramesh S Arunachalam. Please refer to www.whereangelsprey.com for more information

Sunday, August 7, 2011

SIDBI must rework its microfinance strategy

Ramesh S Arunachalam
Merely increasing funding for microfinance, without learning from past mistakes, will not solve the microfinance crisis. As one of the biggest lenders to the microfinance sector, it is up to SIDBI to develop necessary safeguards to ensure that the industry it helped create, does not collapse under the weight of its sometimes over-enthusiastic support for MFIs

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