关键词: 印度小额信贷危机, 高利率盈利模式, 信贷互助模式

Abstract: 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.

Key words: India microcredit crisis, high interest rate model, mutual cooperatives model