Suresh Krishna attends Microfinance India Summit

Suresh Krishna the Managing director of GFSPL attended a session on ‘Evidence from the Field: Informing and Influencing’ organized in the Microfinance India Summit. A discussion that dealt with the impact on the lives of the poor in Andhra Pradesh due to the unavailability of microfinance services over the last year. Various .studies, data sheets and researches were presented in the session Suresh Krishna opined that though microfinance is doing a commendable job by institutionalizing the credit flow, unwanted elements like the money lenders are back. This is not good news as these informal services are a loss for the poor clients. Suresh Krishna in his address stressed on the fact that it’s time that the regulators and policy makers took a note of the situation and created better opportunities for Andhra Pradesh and the rest of the country.

 

GFSPL group

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