Opportunity International Australia’s Research Projects Manager, Calum Scott was interviewed on the Sky Business News program 'Social Business' last week to discuss the climate of microfinance in India with hosts Peter Shergold (from the Centre for Social Impact) and Sky's Brooke Corte.
Opportunity International is particularly concerned about this as "we are concerned about the clients affected, but secondly because we fear that this will overshadow the good work that socially focused microfinance organisations have been doing both in India and other countries."
Initially distinguishing the difference between socially focused microfinance institutions and commercial organisations, Calum states that "Commercial organisations "are now being criticised for putting profits before the needs of poor people."
If you would like to view the program please click here.
Opportunity International is a socially focused microfinance organisation that provides loans as small as $200 to people living in poverty. If you would like to enable a family to start a business and lift themselves out of poverty, please click here.


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