How Microfinance may be the sub-prime loan menace for India

On March 5, 2012 By newsguide Topic: Personal Finance, India

In U.S., there were the NINJA loans, high-interest loans made out to people with no jobs, no income, nothing. The Indian equivalent of NINJA loans may be the micro loans given by microfinance companies that have spread like wild weed all over the rural areas, especially in Andhra Pradesh.


Read more on this.

The Success Manuals

The Career Advice Bible

100+ Most Important Career Questions
Finally Answered

318 Pages | $5 | PDF & EPub, Kindle Ready

250 Top Work & Personal Skills Made Easy

The First & Only Encyclopedia of Self Help,
Self Improvement & Career Advice

250+ Easy-to-Follow Guides
5000+ Proven Tips

13 Types of Essential Skills Covered
Get The Value of 100+ Best Books in 1 Book.

502 Pages | $5 | PDF / EPub, Kindle Ready