Tag: low-income borrowers
Posted in Business
‘Lending to poor a form of socialism’: Meet Indian tycoon who doesn’t own mobile
August 9, 2023 Leave a Comment on ‘Lending to poor a form of socialism’: Meet Indian tycoon who doesn’t own mobile
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave…