Posts Tagged ‘The Andhra Pradesh Microfinance Institutions Ordinance 2010’

Microfinance Focus, Oct 28, 2010: More than 50 NGO based microfinance institutions in the Indian state of Andhra Pradesh will be meeting on October 31st with an agenda of creating an association of NGO-MFIs in the state, Microfinance Focus has learnt. The need to create such an association has emerged from the growing resentment amongst NGO-MFIs over being clubbed together with profiteering microfinance institutions who are ... Full story

Microfinance Focus, Oct 19, 2010: The Andhra Pradesh Microfinance Institutions Ordinance 2010 which was issued by the state’s Governor for protecting the Women Self Help Groups form exploitation by the microfinance institutions through usurious interest rates and coercive means of recovery has brought more controversies to the table than it seeks to address. The ordinance was issued by the Andhra Pradesh government in the wake of ... Full story