Micro Finance have played a very important role in promoting entrepreneurship in rural and urban...

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Finance

Micro Finance have played a very important role in promoting entrepreneurship in rural and urban India. For a very long time it took credit for high asset quality. The industry had high growth potential. However in 2010-11 the sky turned murky for this industry.

Write an article on the growth, fall and revival of Micro Finance Industry in India. The article should comment on what led to the crisis of FY2011 and what changes the industry saw in aftermaths of the crisis. In the end the article should comment upon the present situation and future prospects of Micro Finance Industry in India.

Technical Specifications:

Word Limit: Between 2000 to 3000 words.

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