Microfinance Mayhem: Indian Lenders Brace for Rainy Risks

Indian microfinance lenders are in a pickle! With weak monsoons and rising prices, their $35 billion loan book is feeling the squeeze. Experts warn that farmers are struggling to pay back loans, especially those juggling multiple lenders. If the rains don’t come, it could get messy for everyone involved. It’s a tough time for these little lending heroes!