TechSangam

Borrowing from MFI to save for daughter's dowry?

Vishy KurugantiNovember 14, 20112 mins

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…

Psychology of Savings – How the Poor Save to Buy Fertilizer

Vishy KurugantiOctober 21, 20114 mins

In chapter 8 (Saving Brick by Brick) of Poor Economics, Banerjee and Duflo delve into the subject of savings – the psychology behind why a majority of the poor find it incredibly hard to save and how…

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