For those of you who still can't get enough of microfinance controversies, the last few weeks have been very interesting with the fall-out from the SKS IPO in India and a subsequent major crack-down by government on microfinance in the Indian state of Andhra Pradesh. The Indian consulting and advisory firm, Intellecap, has published a white paper that provides an interesting perspective on the situation in Andhra Pradesh with important insights for the broader issue of the interplay between for-profit businesses, their poor customers and government agencies trying to provide public-sector solutions. Vineet Rai, the Chairman of Intellecap, has picked up this conversation with an interesting post and discussion thread on the Harvard Business Review blog.
--Prof. Bugg-Levine
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