http://www.nextbillion.net/newsroom/2005/06/01/micro-finance-is-good-business-for-abn-amro Comments for " Micro finance is good business for ABN AMRO" en http://www.nextbillion.net/newsroom/2005/06/01/micro-finance-is-good-business-for-abn-amro <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> May 31, 2005 - 10:00, </span> <span class="flexinode-textfield-14"> The Hindu Business Line</span> <div class="flexinode-textfield-15"> Micro finance is good business for ABN AMRO, by L.N. Revathy</div><br> <div class="flexinode-textarea-6"> For ABN Amro, micro-finance has proved to be a viable and sustainable business opportunity. The bank has, within a year of launching micro-finance operations in India, managed to break even.<br /><br />The finance support to needy groups is routed through micro-finance institutions (MFIs). The bank has identified 12 MFIs in the last year-and-a-half. &quot;Six more are in the pipeline,&quot; its Vice-President and Head (Micro-Finance), India, Ms Moumita Sen Sharma, told Business Line.<br class="clear" /></div> </div> http://www.nextbillion.net/newsroom/2005/06/01/micro-finance-is-good-business-for-abn-amro#comment Agriculture Financial Services General Banking Microfinance South Asia Wed, 01 Jun 2005 10:03:05 -0500 _Steve L 480 at http://www.nextbillion.net