> Posted by Elisabeth Rhyne
The dialogue goes on about IPOs in microfinance – even before the much-anticipated SKS IPO. In today’s Forbes article, two of the strongest proponents of IPOs make their case…
Microfinance Goes Public – How capital markets can help fight poverty.
By Michael Schlein and Michael Chu
India’s largest microfinance institution, SKS, recently filed a draft prospectus to sell shares on the India stock exchange in an initial public offering. This IPO will be an historic milestone for the poor in India and beyond, opening the door to assisting them on a scale never seen before in this region.
Microfinance’s journey from non-profit into the heart of capitalism is a hot topic these days, and this IPO will be no exception. Specialized media, the business sector, the development community, philanthropy and the microfinance industry–all will debate the ramifications of this event… Read more >