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

    'Money can't buy us': Mapping Canada's oil pipeline battle

    'Money can't buy us': Mapping Canada's oil pipeline battle

    We travel more than 2,000km and visit communities along the route of the oil pipeline that cuts across Indigenous land.

    Women under ISIL: The wives

    Women under ISIL: The wives

    Women married to ISIL fighters share accounts of being made to watch executions and strap explosives to other women.

    Diplomats for sale: How an ambassadorship was bought and lost

    Diplomats for sale: How an ambassadorship was bought and lost

    The story of Ali Reza Monfared, the Iranian who tried to buy diplomatic immunity after embezzling millions of dollars.