tag:blogger.com,1999:blog-7182576430045656062.post1388235084908771030..comments2024-02-25T13:47:07.003+05:30Comments on Candid Unheard Voice of Indian Microfinance: Multiple Loans to Shared JLGs/Clients by MFIs: How Widespread is this Phenomenon, Why Has it Happened and Is it the Major Cause of the Present AP Crisis?Ramesh S Arunachalamhttp://www.blogger.com/profile/09264606020720529040noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7182576430045656062.post-38958965944465718312010-11-06T11:05:36.224+05:302010-11-06T11:05:36.224+05:30It is unfortunate that despite repeated failure of...It is unfortunate that despite repeated failure of institutional funding strategy to alleviate poverty we have never tried to comprehend the basic need of the poor is not only fund but management and risk sharing as they are equally poor in these areas also. Moneylenders survived despite all types of criticisms as these bear the inherent risk and cared to collect interest only and not the capital amount advanced. MFIs need to operate on PPP model.Dr.S.N.GHOSALsourenhttps://www.blogger.com/profile/07687345225285668161noreply@blogger.com