The aggregate story of microfinance suggests that all is well with the sector. This is largely because the developments in Andhra Pradesh will begin to show up in the numbers only in the current fiscal. Pointing this out, a report by ACCESS Development Services says that with a raft of new regulations in place, the outlook for this sector, which caters to 93.9 million customers, should improve sooner, if not later. Mint details the key findings of the ‘Microfinance India-State of the sector report 2011’.
Also See | From despair to hope (PDF)
MFIs: Painting a recovery
Also See | MFIs: Painitng a recovery (PDF)
Graphics by Sandeep Bhatnagar/Mint