Tuesday, March 16, 2010

Microfinance institutions

Books of Account
Microfinance India
N. Srinivasan
( http://www.sagepublications.com/)

Microfinance under the microscope

Many MFIs (microfinance institutions) started financing the poor but somewhere they lost the customer focus and along with that the mission too, rues N. Srinivasan in Microfinance India: State of the Sector Report 2009. The goals do not any more seem to be making credit access affordable, or accompanying the livelihoods of people, he adds.

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