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The government needs some action, so that up to 67 billion dollars in the Indian [url=http://www.achbanker.com/home.php]hollister[/url] microfinance market collapse. 10 at the end, India s leading rating agency to issue such a warning. Last month, the All India Democratic Women s Association members and their supporters protested in front of the Reserve Bank of India, demonstrations, and hundreds of thousands of micro credit borrowers to stop loan.

Although the overall size of a small loan market is not great, but its meaning beyond the scale. From this, once [url=http://www.1855sacramento.com/peuterey.php]giubbotti peuterey[/url] known as the Banker to the Poor Muhammad Yunus, the microfinance model created by facing exams.

India is the world s largest microfinance markets in the world, India is India [url=http://www.daiesou.com/forum.php?mod=viewthread&tid=696770&fromuid=52004]woolrich parka De la loge de concierge à la vitrine de musée[/url] s southern Andhra Pradesh, the main focus on small loans, the All India about 30 of the small loans were issued in this state, the average family micro credit debt was 8 times the national average. Although, to date, adverse events caused [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] by micro credit is also only in Andhra Pradesh, but is astonishing enough.

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Last month, the field of [url=http://www.chinesedent.com/read.php?tid=1860527&ds=1]jordan pas cher How To Launch A Green Franchise[/url] microfinance in India has been troubled. The lender charges the borrower for 36 of [url=http://www.valarm.net/forum/discussion/26157/christian-louboutin-sale-this-signifies-the-kind-of-timeless-louis-vuitton-lugga#Item_3]hollister pas cher Turf quarté de Pieds nickelés[/url] charge unreasonable interest rates, but also by members of press Dunning debt usury, killing more than 30 cases of suicide. In the pre crisis, this area known as the return of the loan rate of 99 .

To this end, the Government of Andhra Pradesh provides the lender [url=http://www.davidhabchy.com]barbour sale[/url] if the harassment will be sentenced to up to 3 years imprisonment and imposed a fine of 2,000 dollars. Also, the Government also requested to suspend collection loan. Although this order was [url=http://www.eastscotinvest.co.uk/mulberry.html]mulberry outlet[/url] subsequently overturned in court, but officials said managing small loans, take some time before the recovery in this area.

It is understood that small loans Andhra Pradesh amounted to 6.7 billion U.S. dollars, accounting for microfinance in India 35 of the country.

Late last month, Indian Finance Minister Pranab Mukherjee said the government and state governments are discussing how to ease the situation in Andhra Pradesh region, but also urged the establishment of industry specifications, maintain interest rate stability, and prohibit the use of coercive means reminder loans.

Part of the funds microfinance institutions from commercial banks. India, represents the top 44 microfinance institutions microfinance lending institutions Alliance recently said that commercial banks give them loans have dried up, and lenders do not want to repay the loan.

This could lead to a systemic banking risk, which is the central bank do not let it go I think the reason so far. Sanjay Sinha, micro credit rating International regional manager in New Delhi said. Vijay Mahajan, president of MFIN warning, this area is facing the risk [url=http://www.rivaluta.it/css/moncler.html]moncler sito ufficiale[/url] of collapse and not safe.

The view that the influx of funds led to profit driven market of small loans disorderly competition. It is understood that a village in India, there are 5 [url=http://www.1855sacramento.com/woolrich.php]woolrich bologna[/url] small loans to poor micro credit companies, and other institutions more than two unregistered funds, and the procedure is very convenient, [url=http://www.mansmanifesto.com]www.mansmanifesto.com[/url] just a photo ID and on the line.

Data show that from 2005 to 2009, India put the amount of micro credit companies increased from 252 million U.S. dollars 2.5 billion. Only in 2009 year, the borrower has increased by 59 to 2,200 million, and borrowings also increased by 56 percentage points. If coupled with government supported microcredit programs, a total of over 70 million borrowers, borrowing amounted to 7.5 billion.

India s largest microfinance institution SKS Microfinance, said to have 5.3 million borrowers, and last year s annual return rate of 19 . The micro credit loan interest rate is usually 25 100 .
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Some experts fear that may appear similar to the subprime bubble, they believe that the expansion [url=http://www.rathmell-arch.co.uk/hollister.html]hollister outlet[/url] of microfinance is too large too fast, too concentrated, there are massive risk of default. New Delhi, Managing Director of MIFs international [url=http://www.vivid-host.com/barbour.htm]barbour uk outlet[/url] credit rating companies said [url=http://www.mansmanifesto.com]doudoune moncler homme[/url] that last year led to overheating of the micro credit market in Bosnia, Nicaragua, Morocco, Pakistan appears repayment crisis, forcing the closure of a number of MIFs. Micro credit to the global prosperity a lot of money into, but the system did not fully allocate these funds.