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Why SKS's Dr Akula has become Drakula for many

May 12, 2011

Why SKS's Dr Akula has become Drakula for many

SKS Microfinance is in the doghouse because it chose to finance the poor the capitalist way - by raising money from the market. While there is much to be said for doing it the NGO way or by becoming another Grameen Bank, for-profit microfinance should not be a no-no. It is the only quickly scalable model. #SKS Microfinance #JP Morgan #CorporateStrategy #Vikram Akula #Grameen Bank #Mohammed Yunus #Credit Suisse