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Report Code: INDR0008 Period: 1990 - 2005 Industry: Microfinance Countries: India Report Length: 29 Pages |
Year of Publication: 2005 Price: Electronic Format: Rs. 700 (Approx. 16.1 $ / 9.1 £ /14.0 €) |
...TYPES OF MICROFINANCE INSTITUTIONS
Many private and foreign banks have unveiled their plans to enter the Indian microfinance sector because of its very low NPAs and high repayment rate of more than 95% in spite of offering loans without any collateral security. The main reason for high repayment rates was that the loans were managed at the community level. Borrowers took loans to improve their standard of living and start a small business. If the repayment was done in time, only then were more loans given... | |||
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