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+  From: "poonam prakash" <pprakash.spafaculty@xxxxxxxxxxxxxx>
+  Date: Wed, 31 Aug 2005 08:20:53 +0530
Can someone simplify this.

A capital market for the poor
30 August, economic times

Sa-Dhan, the Association of Community Development Finance Institutions, estimates that as of December 31, 2004, microfinance loans outstanding in India totaled 1,600 crore, approximately $320 m. Yet potential demand for microfinance services is estimated at between Rs 30,000 and Rs 60,000 crore.

Full story:
http://economictimes.indiatimes.com/articleshow/1212804.cms

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