hello roger, iam wilson dsouza from india. i just gone through your novel idea. i feel its better suited to my country and my locality where people in real need. the local banks here lend credits but their sanctioning criteria and repayment mode and method made it virtualy imposoble for a small farmer or lay man to get any loans. if you are planning to start this mission in india kindly inform me; if you need my services to impliment this novel cause.

wilson dsouza

wilsonuju@rediffmail.com

00919480573593

Nice to meet you Wilson. :)
India was perhaps the country they focused on most.

Do you have any information about how large the average loans are etc.?

thanks roger, the average loans will start from 100$ to 10000$ per person. it is majorly taken for purchasing cows, fertilisers, seeds , small home buisness and for working capital. but majority of them fall into the debt trap because the intrsest rate high, rain dependent crops and lack of support price to the grown items.

So loans up to $10.000 qualifies as microcredit loans?

I wonder if this is what I have been looking for:

http://mymicrocredit.org

If you have any experience with this, please let me know :)