Love Bird

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Title: Love Bird

Essay Details:

Subject: Business

Author: Vicente S

Date: October 7, 2015

Level: University

Grade: A

Length: 24 / 6971

Essay text:

There has been a marked increase in the number and the typology of players, particularly in terms of the entry of four new microfinance banks. However, despite this new development, scale continues to be a major challenge for the market. An analysis of the Punjab market has revealed that the total number of potential households that can access microfinance is about 5.6 million, with 1.6 million in the urban areas and 4 million in the rural areas. At the same time, the overall market penetration in the Punjab is 12%, implying that 88% of the market is still untapped. Given this scenario, we will continue our efforts to demonstrate scale with sustainability in the sector and ensure access to finance becomes the rule rather than the exception...

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