Some MFIs are tiny operations; others, such as Grameen and SKS, are trailblazers, known far beyond their shores. Sahara India Financial Corporation, part of Sahara India Pariwar group, is one. It acted like a microfinance institution long before the concept existed and it could, in the absence of reliable data, very well be the world’s largest micro lender.
The impact of microfinance is being felt far and wide, and not just in emerging or frontier states such as Bangladesh, Peru and Costa Rica.
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