Wednesday, July 10, 2013

Microfinance Institutions Get a Boost From Development Funds

We are here to write big cheques. We do not write small sums,” said Rajat Sood, vice-president, General Atlantic, a PE fund, in a message to the microfinance industry that’s attempting to limp back to life after the SKS Microfinance fiasco nearly killed the fledgling industry. Sood was speaking at a seminar arranged by industry body Microfinance Institutions Network (MFIN). Investors are showing some interest these days after fleeing the sector en masse...........

Read - ET

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