ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Killing the MFI Golden Goose

With microfi nance institutions being embroiled in controversies, the only viable way to reach much-needed credit to the poor might be to revitalise their own cooperatives. Through the intermediation of such bodies, large nationalised banks like the State Bank of India could completely cut out the middle class middlemen structure of the MFI and deal directly with poor village women, creatively extending the concept of "banking correspondents" to that of "barefoot bankers".

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

649for India

$20for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top