Published March 12, 2013
India has a checkered history with microfinance. In 2010, a series of suicides among borrowers’ in the southern state of Andhra Pradesh sparked a nationwide backlash against the industry. VOA New Delhi correspondent Aru Pande has more on how one group is reviving microfinance’s tarnished image by focusing, not on profits, but on promoting gender equality among rural women in the north.