Posts Tagged ‘india microfinance’

Opinion: The so called microfinance crisis in India

By Dr. Oliver Schmidt, Academic Advisor Microfinance, Mountains of the Moon University Microfinance Focus, Oct 26, 2010: The essence of capitalism is wealth creation from assets. Microfinance offers low income households to capitalize on their assets. Government, however, is mostly not concerned about wealth creation from assets. It is concerned about bureaucratic power. Such power as an end itself, or as an alternative means to create ... Full story
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