Posts Tagged ‘multiple borrowing’

Microfinance Focus, March 10, 2010: Microfinance Institutions Network (MFIN), the body of 31-member NBFC microfinance institutions in India, will not hit the relevance of Sa-Dhan in Indian microfinance sector,  clarified Suresh Gurumani, a board member of MFIN, in a recent interview with Microfinance Focus. He made it clear that the interests of NBFC-MFIs are different and MFIN would serve their purpose. "We are still members of ... Full story

Microfinance Focus, Nov. 17, 2009: Multiple borrowing is not due to lack of education but because of human desire to have a choice, said Malcolm Harper, author of many books on microfinance and an activist in the microfinance movement. Speaking to Microfinance Focus on the sidelines of Microfinance India Summit, Malcolm Harper recollected how the microfinance ... Full story

MF Focus, July 20, 2009: Flexibility in microfinance/micro credit loans will help the sector tide over many new challenges, Grameen Foundation CEO Alex Counts has said in a recent interview to Microfinance Focus. Terming multiple borrowing that is hitting hard the industry's growth in recent years, Counts termed it as a dangerous trend that can be fixed by addressing the issue of under-lending first and secondly, dissuading loan officers from underestimating the risk in order to meet the target. Full story