Dow Jones Newswires: Funds Flock to India in Effort to Tap Robust Loan Demand
AUTHOR:
Abhrajit Gangopdhyay
DATE:
11/16/2005
CLASSIFICATION:
microfinance news
DESCRIPTION:
Attracted by high repayment rates and the return on investment, microfinance funds are flocking to India, where demand from low-income groups for credit, insurance and other financial products is ballooning.