ET Now, India’s leading business news channel recently broadcast a special report on the state of Microfinance in India with focus on the state of Andhra Pradesh.
The video report includes interviews with leading microfinance professionals like Vijay Mahajan, Chandrashekar Ghosh, Vikram Akula, Vinitha Reddy, P. N Vasudevan and N Srinivasan.
Microfinance in Andhra Pradesh, India
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Until and unless the procedure of microfinance is amalgamated with either KVIC/DIC/DRDA it will not be a success in India.
Children generally avoid taking good food they simply want toffies and tasty material which spoils their health, similarly the procedure adopted by Microfinance institutions to keep the rural poor happy will ruine their life in the last phase of the microfinance system.
Dr.Mrs Sushma Joiyta