Michael and Susan Dell Foundation looks to exit group-lending MFIs in India: Michael and Susan Dell Foundation is considering exiting group liability-based microfinance lending in India. It plans to redeploy its investment in micro housing and other projects.
Most microfinance institutions (MFIs) in India follow the group lending model, in which the members are collectively responsible for repayments. While the foundation had taken the decision in 2009, just before the crisis in the microfinance sector, it did not make any fresh investment in the sector after the crisis.
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