Microfinance hits obstacles in India

In rural India, borrowers face high interest rates and other hurdles to benefiting from microfinance.

    It was supposed to allow the world's poorest people to plan a better future for themselves.

    Microfinance provides small loans to those with little or no collateral.

    But as Prerna Suri reports from the state of Andhra Pradesh in India, some borrowers say the loans come at too high a price.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    The shocking story of Israel's disappeared babies

    The shocking story of Israel's disappeared babies

    New information has come to light about thousands of mostly Yemeni children believed to have been abducted in the 1950s.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.

    Inside the world of India's booming fertility industry

    Inside the world of India's booming fertility industry

    As the stigma associated with being childless persists, some elderly women in India risk it all to become mothers.