jueves, 22 de agosto de 2019

Written by Rudra Mani Tripathi |Edited by Explained Desk |New Delhi |Updated: August 21, 2019 10:12:43 pm

Explained: What ails the existing microcredit model

Microcredit has gained much traction as a tool for ensuring the welfare of the most impoverished in the society but there are certain flaws in the model.

Loans given as microcredit are often given to people who may lack collateral, credit history, or a steady source of income.

Written by Rudra Mani Tripathi