Some of the challenges faced by Microfinance Institutions (MFIs) in India have revolved around the issues of a lack of trained labor for local level administration, resource mobilization and the cost of services. One way to tackle these problems is through the use of Management Information Systems (MIS) and this is being demonstrated by Equitas, [...]

Here is a recap of the major investment activity in India’s social venture space and also traditional investment that will directly affect the poor: Social Chennai based Equitas will secure $12.5 million in funding from two private equity firms over the next few months. The organization intends to use the money to expand its branch [...]

The Hindu just published a great interview with Mr P.N. Vasudevan of Equitas Micro Finance, a start-up MFI based in Chennai, Tamil Nadu. Vasudevan is an interesting entrepreneur, having spent 20 years in the traditional banking industry working with Cholamandalam Investment and Finance Co Ltd and Development Credit Bank. Reading the interview, its easy to [...]