Hinduism and Microfinance
Burgundy School of Business - CEREN
Feb 5, 2011
Religion is a major institution impacting microfinance. Very little work has been done on Hinduism and microfinance. This work has become imperative in the wake of the triple explosion of microfinance in India: explosion in the sense of growth rates, explosion in the sense of legislative interest, explosion in the sense of indebtedness and suicides. The question is what are the local customs and what place does religion and history accord to debt and interest rates. This paper provides information on Hinduism concerning microfinance and provides one Hindu perspective to the case of SKDRDP, a Hindu NGO Microfinance NGO.
Number of Pages in PDF File: 21
Keywords: Religion, Microcredit, Loan, Interest Rate, Loan Recovery
JEL Classification: B15, G2working papers series
Date posted: December 19, 2010 ; Last revised: February 8, 2011
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