I worked on these two stories on the mutual benefit trusts with my colleague john samuel raja d. (see this and this).
a day after after the initial optimism, the mfis figure that the old adage of ‘what one hand giveth, the other taketh away’ fits the malegam committee report perfectly. A day after a central bank appointed committee submitted its report, small microfinance institutions (MFIs) say the recommendations if accepted would wipe away their presence in […]
during my tihi days, i felt for the first time that only fiction could do justice to the immense changes that this village was seeing. it is a feeling that has been reinforced over time. for instance, at the contested site where posco’s industrial complex is supposed to come up, only two of the three panchayats whose […]
after three months of low repayments, mfis in andhra are staring down the barrel of a gun, says this story by my colleague john samuel raja d and me.