Responsible finance : restoring India's microfinance industry (English)

Once the world’s leader, India’s microfinance industry went through a severe crisis, when the state of Andhra Pradesh witnessed a mass default of microfinance borrowers in 2010. Combined with allegations of over-indebtedness and coercive recovery practices, this reflected poorly on microfinance institutions (MFIs) and the industry at large, undermining investor and consumer trust in the sector. To address these issues, IFC is promoting consumer protection...

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Author

Nair,Girish Bhaskaran;

Opem, Lory Camba;
Document Date
2013/10/01
Document Type
Brief
Report Number
94894
Volume No
1
Total Volume(s)
1
Country
India,
Region
South Asia,
Disclosure Date
2015/03/13
Disclosure Status
Disclosed
Doc Name
Responsible finance : restoring India's microfinance industry
Keywords
microfinance sector

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Citation

Nair,Girish Bhaskaran; Opem, Lory Camba.

Responsible finance : restoring India's microfinance industry (English). IFC stories of impact Washington, DC : International Finance Corporation. http://documents.worldbank.org/curated/en/522531468257685508

Responsible finance : restoring India's microfinance industry (English)

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