Monday 13 October 2008

From swaminomics

In his latest column, S A Aiyar asserts that lending based on collaterals can go wrong and one must take look at cash flows. Sometimes cash flows just helps and he mentions about his involvement in 3 Indian MFIs.

More importantly he argues for need of mini finance which can lend in range of 50k to 2 lakhs. Read about it here.

0 comments: