Tag Archives: micro loans

Traditional moneylending – informal, flexible, trust based and changing fast

As Microfinance Grows in India, So Do Its Rivals is the title of a recent WSJ article by Ketaki Gokhale which begins so, The practice of making tiny loans to poor people, or microfinance, was supposed to help drive traditional village moneylenders from rural India. Instead, traditional moneylenders, who typically charge high interest rates, are […]

Posted in Banking, Base of the Pyramid, India, Indigenous & Traditional, Informal & Flexible, Loans, Research, rural | Also tagged , , | 1 Response