Posts Tagged ‘Microfinance Ordinance’

By N. Srinivasan, Microfinance Focus , Oct 19, 2010 : The objectives of the ordinance are laudable.  Protection of low income clients from exploitative practices and enhancing levels of transparency are valid public policy objectives of a sovereign government.  High debt levels, multiple operators providing loans as also pressure on repayment rates are legitimate cause for concern.  The remedy being applied does not seem appropriate ... Full story