"NextBillion, thanks for organising the event, I will be waiting to compete in this event.
Thanks once again
Regards
Natwijuka Colin Bwempazi"
Connecting microenterprise practitioners in a global learning community
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Sasidhar Thumuluri
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Sasidhar Thumuluri's Discussions
Indian Central Bank releases the board sub-committee report on microfinance regulation
2 Replies
It was much awaited. Everyone including Central Bank (Reserve Bank of India), finance ministry, banks, investors and other provincial governments have been buying time in the name of this report's…Continue
Tags: RBI, Malegam report, Andhra Pradesh, India, microfinance
Started this discussion. Last reply by Sasidhar Thumuluri Jan 27, 2011.
Elizabeth Rhyne on Bloomberg about microfinance situation in India
Beth Rhyne Managing Director Center for Financial Inclusion defends on this Bloomberg TV program that microfinance is an important intervention and MFIs in India charge lower rates than anywhere else…Continue
Started Dec 6, 2010
Womens' group take microfinance to task in India
All India Democratic Women Association has taken a strong objection to the way microfinance is conducted in India. This came after Andhra Pradesh reported suicides allegedly due to microfinance…Continue
Tags: Institution, AIDWA, India, MFI, Women
Started Dec 1, 2010
Poverty and Profitability debate: Vikram Akula vs Alex Counts
I have just added this series of videos in the video section on this topic. After Prof. Yunus at Clinton Global Initiative last…Continue
Tags: profiting off the poor, microfinance debate, vikram akula, alex counts
Started Nov 30, 2010
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Natwijuka Colin Bwempazi commented on Sasidhar Thumuluri's event NextBillion 2011 Case Writing CompetitionNatwijuka Colin Bwempazi is attending Sasidhar Thumuluri's event
NextBillion 2011 Case Writing Competition at Online
November 30, 2010 all day
NextBillion.net is proud to announce the NextBillion 2011 Case Writing Competition, our second annual academic business case competition, co-sponsored by the William Davidson Institute, Acumen Fund, and Ashoka. We seek to find and publish the best business cases on social enterprise and the base of the pyramid, in order to engage students and faculty on campuses all over the world in the emerging field of social enterprise.
Sasidhar Thumuluri posted a discussionIndian Central Bank releases the board sub-committee report on microfinance regulation
It was much awaited. Everyone including Central Bank (Reserve Bank of India), finance ministry, banks, investors and other provincial governments have been buying time in the name of this report's arrival. As some of you may know RBI has constituted this sub-committee headed by an eminent chartered accountant Mr. Malegam in the aftermath of Andhra Pradesh government's promulgation of infamous microfinance ordinance that has practically brought the industry to standstill, contributed to soaring…See More
Sasidhar Thumuluri posted a discussionElizabeth Rhyne on Bloomberg about microfinance
Beth Rhyne Managing Director Center for Financial Inclusion defends on this Bloomberg TV program that microfinance is an important intervention and MFIs in India charge lower rates than anywhere else in the world. She also explains why the rates are usually high in microfinance. She says Andhra Pradesh crisis is largely politically motivated and have little do with MFIs actions although there are cases of excessive growth witnessed in some pockets but market gap is also quite high in India. I…See More
Sasidhar Thumuluri joined jmaxb7's group
Technology In MicroEnterprise (TIME)
This is an organic group that is home to knowledge exchange on all topics at the intersection of technology, microfinance, and micronterprise development. New group members are always welcome as are questions, opinions, and your participation!
Profile Information
- Organization or School
- Habitat for Humanity International
- Title
- Global Business Strategy Manager
- About Me
- I am an economic development professional with over a decade of experience in microfinance, livelihoods, investments and affordable housing. Passionate about making markets work for the poor and developing business models towards this goal.
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Crisis situation in Andhra Pradesh refuses to die down
It all started with MFIs creating an unrealistic growth machine out of a simple idea pioneered by Bangladeshi economist turned banker for the poor Prof. Md. Yunus. SKS has rocked the stock market with unprecedented IPO, made the promoter, some employees and individual investors millionaires and billionaires overnight. Everyone took it by surprise including the central bank, government of India and most of all Andhra Pradesh politicians and media.
Andhra Pradesh which is the most… Continue
Andhra Pradesh which is the most… Continue
Posted on November 30, 2010 at 1:39pm
Microfinance Business Environment
Several factors are important for privately provided microfinance to thrive and develop successfully in any country. Key among them I think are:
1. Supportive regulatory framework that recognizes microfinance practitioners as important players and provides space for operation under laws of land;
2. Enabling policy environment with economic development policies that prioritize financial inclusion and encourages private sector players to participate;
3. Minimal infrastructure that… Continue
1. Supportive regulatory framework that recognizes microfinance practitioners as important players and provides space for operation under laws of land;
2. Enabling policy environment with economic development policies that prioritize financial inclusion and encourages private sector players to participate;
3. Minimal infrastructure that… Continue
Posted on November 30, 2010 at 2:00am
Extremism and Microfinance
There are some interesting turn of events in India in past month in connection with extremists' involvement in microfinance. Two specific events make it interesting. One in North Eastern part of the country, very far from Andhra Pradesh (AP) where currently a crisis is unfolding, and the other right in the state of AP.
NDTV, a major TV news channel, reported on 9th Nov 2010 that largest militant outfit in North Eastern region United National Liberation Front, have been using… Continue
NDTV, a major TV news channel, reported on 9th Nov 2010 that largest militant outfit in North Eastern region United National Liberation Front, have been using… Continue
Posted on November 29, 2010 at 11:29pm
Microfinance Developments in India
It is about a month since Andhra Pradesh Microfinance Institutions Ordinance 2010, http://indiamicrofinance.com/wp-content/uploads/2010/10/Andhra-MFI-Ordinance.pdf came into force. To be precise the ordinance was signed by the state governor on Oct 15th 2010 and was enforced from the following Monday Oct 18th. The sector began facing the downturn steadily since then with…
ContinuePosted on November 17, 2010 at 8:30pm — 2 Comments
Comment Wall (1 comment)
- At 5:40am on March 1, 2011,
SM Farid Uddin Akhter said… small SEEP fund
Greetings
May we think for small SEEP fund? Each member could save small weekly/fornightly from her/his own luxury even daily expenditure. Each member would be in thinking how much I could be less expensive. I do believe we could save minimum from our own expenditure may be quarter/half/one dollar weekly. That would be collected duly and used for piloting new idea in one village any corner of globe.
NB.
- Fund must be saved from daily expenditure (reduce cellphone call, private car use, fast food, junk food etc etc) that wouldn’t hamper other family member life. Member like me ultra poor could save from his/her own travel cost 05 to 10 BDT and weekend it wuld one dollar easily.
- Now we are 2746 member and weekly we could have $2746 amount and monthly $10984. By $2000 we could start work any one village of third world country.
Let's we try to save one Taka/dollar/pound/yen ............FROM daily expenditure just remind self, “let live simply that other could simply live.”
Translation
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