DripFin

DripFin means Drip Finance ala Drip Irrigation (i.e. small scientific value added productive measures)

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vibhuspeak@ social/patient/creative capital

‘Patient/Creative/Social Capital’ – Fancy name for venture capital to cover up for goofy investment anticipated to generate below market returns.

vibhuspeak@ The Misnomer Social Entrepreneur is

Social Entrepreneur is one big misnomer, meant to confuse investors and seduce donors: Every entrepreneur is social if they make returns (profits), generate employment and pay correct tax/levies to the government.

Kabsa – National Dish of Saudia Arabia





Stretching the Fabric of MFI Networks – Monitor Report

Here

Sep 2010 CGAP Report on Financial Inclusion Trends around the World

Here

Reserve Bank of India/NABARD/Ministry of Finance on INDIAN MFIs/Bank Lending to MFIs

Link here FINMIN RBI NABARD on BANK LENDING TO MFIs

Key Takeaways:

  1.  Ministry of Finance ( Govt of India):  Has directed Public banks to monitor & ensure MFI APR’s (All inclusive interest rates i.e including membership fees, death fund, relief fund & the infamous “5%-10% Upfront non-interest bearing security deposit or margin” etc) within 22-24%.
  2. Reserve Bank of India: Constituted a VK Sharma Committee Report to reevaluate MFI Lending qualifying for PSL. ET reports, qualification to go with a sunset clause. 
  3. NABARD: Submitted report to Govt & Clubs MFI’s with other expensive sources of credit

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