1. Are you callously dismissing 200+ socio-economic suicides that happened because of the Capitalist corporation SKS Microfinance, as the collateral damage of a "business model" ?
2. What 200+ suicides ? Just between 1995 and 2018 about 400,000 Indian farmers suicided because of socio-economic reasons and these suicides were also caused by soodkhor microfinance corporations, individual lenders and the regular banks.
3. Forget about 20 percent interest why should interest-finance even exist ? Interest is irrational. Didn't you hear the statement of Hazrat Isa from 2000 years ago calling for action against money lenders who charge interest ? 2000 years ago Jesus called for the abolition on intereste-based finance yet now, in 2022, in India Capitalists love to hear the chink of 400 more gold coins in their personal bank accounts while somewhere in India 40 farmers hang themselves on trees or drink pesticide. What a nice country we have. But yes, Har Ghar Tiranga lagayenge, mandir wahin banayenge. And I didn't understand this statement of yours - PS. For these 200 odd suicides the lenders are equally to blame.".
4. Why are microfinance corporations in India existing in the first place ? To get their stock values in the Bombay Stock Exchange while 200+ farmers and peasants suicide in two months in Maharashtra, Punjab and other places ? The microfinance corporations are criminals because they have caused suicides which is essentially murder ? And it is murder by the system. What is the government doing not helping the poor of the earth ? Why isn't there a Communist model in India where socio-economic classes themselves ( rich, middle, poor ) have been abolished and every citizen is able to have non-money-based access to the basic material necessities in life ( housing, electricity, healthcare, education, telecom etc ) and is otherwise able to fulfill his or her ambitions including get a tractor or an office space ?
Do you have any idea how farming happens in India?
Why they need money time to time?
Who provides them the cash in need?