Microfinance and Subprime - Is the Comparison Real?While microfinance practitioners in India may find the comparison bizarre, recent articles on the carpet bombing of small loans and the fear expressed by some European and US-based investors and observers that growth in Indian microfinance is creating a bubble has brought this topic up for discussion. The idea is not to give credence to the debate but to bring about the reality on whether subprime and microfinance can be compared.
Prashant Thakker (Standard Chartered)
Samit Ghosh (Ujjivan)
Suresh Gurumani (SKS Microfinance)
Nick O’Donohoe (JPMorgan)