India has the largest concentration of the poor globally, but since October 2010, microfinance investors and lenders throughout India were forced to slow lending or step out. In December 2011, the Reserve Bank amended microfinance regulations to allow some microfinance practitioners with proven fair practices, like Opportunity, to reengage in the microfinance sector. Our Dia Vikas partners like Growing Opportunity Finance (GO Finance) are positioned to return to our former level of growth and impact in India.
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Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
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