Exact(2)
India, with its burgeoning microcredit sector, is most in need of a similar agency.
Concerned investors are rapidly leaving the bloated microcredit sector, with many users arguing that it is on the verge of a self-orchestrated collapse.
Similar(58)
The attention lavished on microcredit helped the sector reach more than 91 million customers, most of them women, with loans totaling more than $70 billion by the end of 2009.
For this reason, Cuba has done some reforms in the financial sector (microcredit, banking) and the consumer sector (house sales), but it hasn't introduced any privatization.
Non-profit lenders, pawnshops and co-operatives also swim in the microcredit sea.So, too, do private-sector banks.
Micro Health Insurance MHIis is an emerging sector which is strongly linked to the microcredit movement in Bangladesh [14].
Options for microcredit loans should be explored to increase output production of agriculture sector, particularly in a cyclone disaster recovery stage when fields are likely to be damaged by salt water intrusion.
Analysis confirms an interaction effect between informal and formal credit sectors in which informal credit positively influences accessibility to microcredit programs.
Mathew Titus, of Sa-Dhan, an association of Indian microcredit institutions, sees the row as a "battle of ideas"—between the non-government sector and those ideologically opposed to its working with the poor.The fear is that the state government will now try to regulate the lenders, perhaps by capping interest rates at levels that could put them out of business.
When the sector first began to develop in 1996, there were around 50 registered microcredit organizations.
Although microcredit has been shown to generate various beneficial outcomes, there is also evidence that not all sectors of the poor can benefit.
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