Tag Archives: poor

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

By | January 3, 2010

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, areā€¦ Read More »