Build your professional network on facebook via our app Go to app
 
<< Prev  3 of 3 in Topic 
Topic : financial survices for poors in india
  Rate : 
Posted in Community :

Banking & Insurance Professionals

 

micro finance is a slow poision to indian poors.

Created by : minaketan behera, bpt student, svnirtar,olatpur,cuttack  | 01 31 2011 19:35:32 +0000
Keywords : micro finance is a slow poision to indian poors.
Activity:  125 views;  last activity : 01 31 2011 19:35:32 +0000
 
Share
 
 
  Rate : 
 
 
only ligal weapon to kill a man Vs helps the man of contryside
3
 
 
 
 
0
1
0
Support   Support
 
0
0
ever we must have came across the farmers are committing suicide due to low earning and high loan amount to return. have we ever thought, from whom they got the loan ? is there any legal document ? there are a lot of companies who are giving the financial services in country side with out any documentation of transaction and according to RBI report of last 2 month they have no record of the transaction between these illiterate farmers and companies. there interest is on floating and is monthly or weakly. that is why the farmers who have taken the loan on the basis of verbal or false document are suffering, when the time comes to return it with interest and there is no cultivation.
By minaketan behera, bpt student, svnirtar,olatpur,cuttack  | 01 31 2011 19:35:32 +0000
Argue for "only ligal weapon to kill a man"
Argue for "helps the man of contryside"
 Found the debate "micro finance is a slow poision to indian poors."  interesting ?  Suggest to your connections and communities  
Leaders in Social Media Recruitment
FICO Lead Jobs @ Hyderabad
Senior software Engineer Jobs in Bangalore
FPGA Design Jobs . Mail your CV to ashwinikn@roljobs.com
Viewers also viewed
People are talking about the downfall of Micro Finance Programmes. A few of them blame SHGs for...
 
0 referals 1 comments, 9 views
There is a talk that MFI's could cause a bubble in the country the only way to prevent this is...
 
60 referals 11 arguments, 252 views
On one hand where Moody's downgraded the outlook on India's banking sector to 'negative' from...
 
918 referals 14 arguments, 363 views
more...  
Recent Knowledge (3)
C vs B
 
0 referals 3 arguments, 51 views
I am associate of prajapati association and i am working for BJP from year 2005 to till date....
 
0 referals 3 arguments, 111 views
more...  
Sponsored Jobs
More From Author
in more than hundred million of population,we are not getting a 100 for nation and science. its really joking. science is not based on finance and high opportunity to prosper. it depends upon individual interest upon it. interested person should know...
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •