Microfinance Participants Refuse to Pay Following a Series of Suicides

Microfinance Participants Refuse to Pay Following a Series of Suicides

Nov 12, 2010

Article

Author, Triple Pundit, November 12, 2010

The biggest hurdle to microfinance sustainability might not be its financial viability, but social acceptance. In reaction to local regulation changes, thousands of micro-debt holders in India recently stopped making loan payments even though they have the money to pay. Microfiance, an industry with a history of overcoming criticism and obstacles in offering small loans to millions of the world’s poor, is facing its first major direct pushback.

Click here to read the entire article published in Triple Pundit.

Meet The Team

Andrew J. Roth-Moore Associate T 303.223.1287 aroth-moore@bhfs.com