Sunil Jain: Exclusive banking
PERSPECTIVES
| Sources of loan by income group | ||||
| Loan sources | % of persons in income quartile who have taken loan from sources in last 2 years | |||
| Lowest | Second | Third | Highest | |
| Relatives/Friends | 39.2 | 34.4 | 33.2 | 32.0 |
| Moneylenders | 39.8 | 33.2 | 25.8 | 14.8 |
| Banks | 9.6 | 20.7 | 33.3 | 45.8 |
| Self-help groups | 9.7 | 8.4 | 3.3 | 3.4 |
| Co-operative | 5.4 | 4.9 | 6.5 | 7.4 |
| Chit funds/ | 1.6 | 1.9 | 1.5 | 1.2 |
| Microfinance institutions | 1.1 | 1.4 | 1.2 | 0.9 |
| Others | 1.0 | 0.9 | 0.8 | 1.4 |
| Sources: Invest India Foundation, IISS, 2007 | ||||