We have noticed the fund crisis in India especially in the state of Uttar Pradesh, what happend here that initialy poor have been provided loan support to increase thier livlihood, but due to some bad experiene of the MFIs, they had stopped disburmenet in the locality, hence even genuine clients are not able to acces the fund and it had negative impact over thier financial situation, as they have enhanced thier working area, but now due to lack of fund, they are not able to maintain thier working at PAR as earlier,

In Bihar, most of the bankers like Indian Bank are coming forward to support the start up MFI, even in Delhi above mentioned bnank is supporting start up MFIs, but in recent past few months, UP become most ignored state in point of the Bankers participation to suport the start up MFI, this is my open view, hence I would like to know the view of the my friends over opinion, please suggest if other alternative resources are available for the State of UP for the Start up MFI.

regards,

CS Pragyesh Kumar Singh

Views: 1

Tags: FOR, MFFI, PROBLEMS, START, THE, UP

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