Microventure Finance? or micro vc?

Ruminating on the proliferation of microfinance schemes, loans and melas to give a boost to various Indian entreprenuers, usually women earning their own keep for the first time in their families, often outside of the home, made me wonder where was the micro venture capital program?

How is it that no body has thought it worth while to offer VC funding concepts to the small scale industries of India? To be sure that would have to be a lot of $2 invested to get any returns, but one thing that any self respecting NGO or developmental group can very quickly demonstrate is the high rate of good loans repaid on time from women borrowers rather than men borrowers.

This has been demonstrated over and over again across the bottom of the pyramid segments of the emerging economies.

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