In Delhi, street children operate a microfinance bank for their peers. CSM highlights the excellent fiduciary responsibility of lenders and lendees but mentions critisicm that the children who take loans are not improving their long term earnings and graduating from poverty. It seems that the small nature of the student's projects, even by microfinance standards. Whether the income graduation of the Delhi Children's Bank loan recipients is less than adult micro-bankers has not been determined. Critics may just doubt the abilities of youth entrepreneurs more than adults. A more important question may be if the local community and regulators give similar respect to youth micro-businesses.
BBC reports on the same program and offers a few more background details about the bank.
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