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Posted on september 16th, 2015 by admin

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to educate politicians and bureaucrats so they understand the power that microfinance has and understand how it works to actually help the poor. The poor certainly understand this, our customers do. They come back to us year after year. It the political elite that doesn understand it and sometimes misuses microfinance for political ends. That been the biggest challenge. Akula: Currently we have two million customers spread across 25,000 villages in 15 states of India. The typical borrower, typical first loan is about 8,000 rupees or about $200. A woman might
Wholesale NFL jerseys take a loan to buy a cow, and then sell the milk, and then repay the
Cheap NFL jerseys loan on a weekly basis. She might do a small village grocery; she might do vegetable vending or another type of trading activity. What we see is there a very high return on investment, and each year she eligible to take a larger loan. So even though $200 might seem relatively small, eventually we like to see borrowers moving into $1,000 loans. Then you begin to see

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