Borrowing from MFI to save for daughter’s dowry?

SKS Microfinance Ltd, India’s largest and only listed microlender, said its losses widened in the second quarter from the preceding three months as repayment rates in Andhra Pradesh, its biggest market, plunged after a local law restricted lending and recovery. The Hyderabad-based lender posted a loss of Rs. 384.54 crore in the three months ended …

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No-frills Savings: MFIs have a case to make

[Editor’s Note: It’s a pleasure to bring you TechSangam’s second guest writer – Srijan Kaushik. After graduating from DAIICT (Dhirubhai Ambani Institute of Information and Communication Technology) in 2007, Srijan has been working in Bangalore-based Ujjivan – a Micro Finance Institution (MFI) ¬†focused on urban poverty alleviation. He works on financial product design and development …

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Why I Like These Social Enterprises – Part 1

It recently struck me that I should start adding a “What I like about <enterprise x>” section to each post. The section would include social metrics the enterprise is purportedly trying to influence. Instead of editing scores of old posts, I decided to do a round-up post, organizing the posts by category. Agriculture Our first …

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