David Roodman's Microfinance Open Book Blog
By David Roodman - Daniel Rozas warns that investors in Indian microfinance could lose a lot of money. Building on his earlier work on bankruptcies among microcreditors, he discusses how to prepare for failure: The crisis in Andhra Pradesh has highlighted how exposed MFIs are to mass non-payments. Industry insiders have suggested that even some of the largest MFIs [...] Sent with Reeder
