MicrofinanceFocus, 28 March 2012

Last month, the headlines of the world’s papers read déjà vu. “Suicides in India linked to microfinance debt.” “SKS Microfinance implicated in farmer suicides.” The headlines may have differed, but the article was one and the same, penned by Erika Kinetz of the Associated Press. SKS was appalled, calling the report “libelous” and “scurrilous.”

For what it’s worth, the damage has been minimal. SKS stock slid 4.25% on the day of the article, but recovered within a few days of trading. The slide shows little distinction from its already volatile

Continue reading Repairing a Tarnished Image: a Plea for Transparency in Indian Microfinance