Focus - Microfinance in India: rural women trapped in debt
2023-09-19T14:15:58.789Z
Highlights: Microcredit, mainly for women, has plunged thousands of women into a spiral of debt. In the agricultural state of Maharashtra, the mirage of microfinance has become hell. Entire villages have all their women in debt. Léa Delfolie and Camille Poulain report on the impact of microcredits on India's social structures and the poor in the country's rural areas. The report is based on a study by the Centre for Social Research at the University of Delhi.
Microfinance, which is supposed to help the poor out of precariousness, has been a huge success in India. But nearly 50 years after its introduction, the results are mixed. Microcredits, mainly...
Microfinance, which is supposed to help the poor out of precariousness, has been a huge success in India. But nearly 50 years after its introduction, the results are mixed. Microcredit, mainly for women, has disrupted India's social structures and plunged thousands of women into a spiral of debt. In the agricultural state of Maharashtra, the mirage of microfinance has become hell. Entire villages have all their women in debt. Léa Delfolie and Camille Poulain report.
Source: france24