1. Given front-stage and back-stage distinction, between the two models, why did the SHG Bank-linkage model have a better designed front-stage in its initial years? What was the impact on expansion of SHGs as well as Grameen MFIs?

2. How do you perceive the role of the state in the back-stages of the two models? elucidate on what the banks could have done differently in order not to be labeled as the "derisive colluders"

3. How did the global investmentsin this sector result in the incongruence between the front-stage and back stage of the two models? How did this precipitatethe microfinance crisis?

4. In the end, can this tale be illustrated as an instance of the global model cannibalising the local?

CASE STUDY: micro finance in india: a tale of two models by rajalaxmi kamath and nithya joseph