从印度危机反思小额贷款的高利率盈利模式

印度小额信贷危机震惊了全球,唤醒了人们对高利率盈利模式的反思。近年来,印度小额贷款利率持续上升并维持于高位——而极高的利率并非基于成本和风险的考虑——挤出经营性贷款需求——借款人因无力偿债而引发社会危机。危机表明,高利率的小额贷款只会为其经营者带来持续的高利润,而借款人的生计则陷入不可持续的困境。中国小额信贷起步较晚,但在利率问题上存在同样盲区。高利率在中国同样难担脱贫之任,低收入者的希望是支付得起的低利模式,即信贷的互助合作。

REFLECTION ON THE MODEL OF HIGH INTEREST RATE FOR MICROLOANS FROM THE INDIA CRISIS

The current turmoil in India microcredit is awakening a reflection on the model of high interest rate for microloan.The interest rate of microloans has been rising and remaining at a high level for recent years.Usurious interest rates,which based on neither operating costs nor risks,have been crowding out operation loan demands.Insolvency of borrowers owing to usurious interest rates has led to social crisis.The microcredit crisis shows that investors of MFIs have earned sustaining huge profits from microloans with high interest rates while borrowers have trapped in unsustainable harsh conditions.Although China started microcredit years ago,it is also suffering from similar interest rates problem.High interest rates for microloans do not help to alleviate poverty which needs affordable credit,mutual cooperatives for credit,for low-income groups.