Microcredit has spread extremely rapidly since its beginnings in the late 1970s, but whether and how much it helps the poor is the subject of intense debate. This paper reports on the first randomized evaluation of the impact of introducing microcredit in a new market. Half of 104 slums in Hyderabad, India were randomly selected for opening of an MFI branch while the remainder were not.

India is a largely an agrarian society.  Agriculture constitutes 60 percent of employment in this country and the farmers who practice it are vital ingredients to India’s economic fabric.

We came across an interesting blog post by David Roodman, Research Fellow, Center for Global Development. He recently spoke to Bindu Ananth about details regarding KGFS and its interesting structure. He listed out number of key points from their interview.

The term “originate to distribute” (OTD), though seldom heard in financial jargon, is increasingly gaining currency, especially in the financial systems of the West. The OTD model is a widely practised variation of traditional financial intermediation. In the traditional model, a financial intermediary (FI), often a bank, originates a loan and holds it on its […]

We are excited to announce that IFMR Capital just completed the first ever rated securitization of microloans in India.