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How to start a microfinance business

India is currently considered the largest emerging market for microfinance institutions (MFIs).

January 18, 2011 / 16:09 IST

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India is currently considered the largest emerging market for microfinance institutions (MFIs). Though it has not reached the level of Bangladeshi MFIs, we are still growing at a steady pace. Commonly described as a bank for the poor, microfinance institutions offer three basic services: savings, credit, and insurance. Setting up an MFI is not a Herculean task

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first published: Jan 18, 2011 03:45 pm

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