Al Khair An Interest Free Microfinance Experiment In India
AL-Khair Co-operative Credit Society Limited: An Experiment of Interest-Free Microfinance in India The people need a diverse range of financial services to build assets, meet consumption and protect themselves against risks. The poor need the credit even to meet their basic life-cycle events such as birth, marriage, old age. That is why financial credit is being treated as a human right these days. There are over three billion people living on less than $1 a day and need access to financial services all over the world....