Publications

Displaying 1 - 2 of 2 results for "microfinance".

IntelleCash-Arohan: Leading the Way in Consolidating the Microfinance Industry in India

On September 14, 2012, IntelleCash Microfinance Network Company (IntelleCash) announced that it had taken a majority stake in Arohan Financial Services (Arohan) and would consolidate the two businesses. We believe that the IntelleCash/Arohan transaction represents the “leading edge” of what is likely to be a growing trend toward consolidation in the Indian microfinance industry. As the industry slowly recovers and grows post the AP crisis, the new regulatory environment and the need for MFIs to be larger and more efficient will be primary drivers of this consolidation trend.

 

Published: 
October, 2012

Indian Microfinance: Looking Beyond The AP Act and its Devastating Impact on the Poor

In December 2010 the Government of Andhra Pradesh (“AP”) passed a law (the “AP Act”, originally conceived in October 2010) which effectively shut down private sector microfinance in the State. The AP Government stated that its goal was to protect the poor. Now, 18 months later, the impact of the AP Act is clear: rather than protecting the poor, it has had the opposite effect, harming the poor by starving them of access to credit and basic financial services.

A study by Legatum Ventures, with contributions from Intellecap.

Published: 
March, 2012

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