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Andhra Pradesh: Will the Crisis Spread Throughout India?
In mid-October, the government of the southern Indian state of Andhra Pradesh passed an ordinance severely restricting the operations of microfinance institutions (MFIs) in the region. The controversial action was taken after local officials complained of wide-spread abuses in the rapidly growing for-profit microfinance sector; the MFIs have challenged the ordinance in the state’s high Read more…
Posted in Bank Building, Our Mission and Vision, Our Motivation, Our Work, Rural Outreach, Savings, Technology, What We're Reading, Where We Work
Tagged Agricultural finance, Andhra Pradesh, Bank Building, Bank for the poor, CGAP, Clients, Education, Ending Poverty, Financial services, India, Insurance, Loans, MFI, Microfinance, Microinsurance, Opportunity India, Opportunity International, Poverty, Rural Outreach, Savings, SEEP Network, Smart Campaign, Technology, Training
Tagged Agricultural finance, Andhra Pradesh, Bank Building, Bank for the poor, CGAP, Clients, Education, Ending Poverty, Financial services, India, Insurance, Loans, MFI, Microfinance, Microinsurance, Opportunity India, Opportunity International, Poverty, Rural Outreach, Savings, SEEP Network, Smart Campaign, Technology, Training
Opportunity LiveBlog: Banking on Africa
Over 75 percent of people in Africa lives on less than $2 per day. So when Opportunity looked at its expansion plan, Africa was the region that began to take priority. In 2008 Opportunity launched an ambitious campaign to make significant impact on the world’s poorest people in sub-Saharan Africa by 2015. Building upon its Read more…
