Microfinance Crisis – Discussion with MFIN President Vijay Mahajan

1 min read
VijayMahajan

In the below video Tamal Bandyopadhyay, Deputy Managing Editor of Mint and Vijay Mahajan, President of MFIN discuss the microfinance crisis in Andhra Pradesh.

Vijay Mahajan talks about the various problems facing MFI’s in Andhra Pradesh and reveals the grim situation at the ground level. Vijay Mahajan also indicates that some of the smaller MFI’s that have a presence only in Andhra could soon be forced to go in for consolidation by merging with the bigger MFI’s if they are unable to raise further capital and loans.

Link to Video

VijayMahajan

Vijay Mahajan. Image-credit:cgap.org

Pratima Singh

Pratima is a content writer at Moneymint. As a Finance enthusiast, she loves sharing tips and tricks to help others navigate the financial sphere.