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Assignment: India's Microcredit Meltdown

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27/01/2011

India's Microcredit Meltdown

BBC World Service - Assignment, India's Microcredit Meltdown

Why is there a crisis in India's microcredit industry? Assignment investigates

Why is there a crisis in India's microcredit industry? For Assignment Madeleine Morris travels to the Indian state of Andhra Pradesh to investigate.

Millions of impoverished women around the world take out small loans through microcredit schemes. 

The aim is to help them generate their own incomes, so they can eventually lift themselves out of poverty. 

But in the Indian state of Andhra Pradesh, the microcredit industry is in crisis. 

Madeleine Morris investigates for Assignment.

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