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February 26, 2012 04:58 pm PST

SKS, world's largest microfinance service, drives debtors to suicide

The Associated Press has obtained portions of a suppressed independent investigation into the role that debt collectors working for microfinance giant SKS played in the suicides of desperately poor borrowers in the Indian province of Andhra Pradesh. SKS made global headlines when it received backing from a US venture capital firm, the Boston-based Sandstone Capital, [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/ziDBUZ9XQ08/sks-worlds-largest-microfin.html

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