India's Microfinance Crisis is a Battle to Monopolize the Poor - Vineet Rai - The Conve... - 1 views
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Peter Vidito on 05 Nov 10"Last month the Andhra Pradesh state passed the AP Microfinance Ordinance, "suspending operations of MFIs in the state and for all intents and purposes allowing borrowers to stop repaying their loans. The announcement of the Ordinance stressed the need to protect the poor - but the move might well, in the long term, leave them far worse off."