Quicksand of Debt , Micro Finance and Indian Poor class
This is second part of : মাইক্রো ফিনান্স ও ভারতীয় দরিদ্রশ্রেণী Micro finance and Indian Poor class read first part in this blog : http://albertashokpaintings.blogspot.com/2010/07/micro-finance-and-indian-poor-class.html This article is written for people use Bengali language . The topic is " Indian Poor class and Micro finance" . Self help group, Grameen Bank (GB) ,Community based financial systems (CBFS) , NGOs in micro-finance whatever their name may be they should change their policy for Poverty Alleviation. otherwise Poor will be at the mercy of suicide. The article will be finished in three part, this is first part. I request people working for 'Demand and Dignity' a campaign launched by Amnesty International should read these three parts. Indian people -- those are in poor class and lower middle class are being trapped and ruined by the personal loan taken from local usurers with interest ranging 10% to 60% monthly , in market place, poor ...