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News Wire / economy

Microfinance Institutions Drive Rural Indian Indebtedness

WNYC 93.9 FM New Delhi 11d11d Impact 5
Microfinance institutions are generating profits by targeting rural populations in India. This practice has created high levels of indebtedness among small and poor farmers.

Topics

microfinance debt agriculture

Developing

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Sources · 7 independent

WNYC 93.9 FM

“There are the microfinance institutions which are making this as a very big business to make profit out of the financial marketing. And this is also a bigger issue that is how created huge inductedness in rural India.”

WNYC 93.9 FM

“poor and small farmers they are forced to migrate to the cities.”

ABC NewsRadio AU

“microfinance institutions, which are making this as a very big business to make profit out of the financial marketing. And this is also a bigger issue that is how created a huge inductedness in rural India.”

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