Verified Purchase
This review is from: Where Angels
Prey (Kindle Edition)
As the title Where Angels Prey by
Ramesh S. Arunachalam suggests, things that seem to be too good to be true need
to be viewed with skepticism. The microfinance firms in India pledged to make
loans available to the poor people of India who otherwise would not qualify for
money from banks. Prasad Kamineni has good intentions when he starts up SAMMAAN
Microfinance in India but finds himself on the slippery slope of greed by the
time the company opens on the stock exchange. With foreign investors now in the
mix, emphasis shifts from the poor people of India to profit making. The very
solution to their problems becomes a curse as microfinance firms flood the
villages with loans knowing that the recipients cannot repay them. Two
journalists team up to investigate the actions of these businesses and uncover
all manner of shady dealings to include kidnapping, murder and suicide. I could
not help but feel for the victims of this system and it reminds me of the title
loans that I hear some people take out these days. This story is about crime in
high places and how the rich gain their fortunes at the expense of the poor.
The journalists get to the bottom of the treachery and publish the results
nationwide, putting the names of the bad guys out there for the world to see.
The author kept me interested in the story although I did have trouble keeping
some of the names and titles straight. The author’s writing style pulled me in
and made my heart ache while reading about the exploitation of the poor people
of India. He made me want to see the bad guys punished and I was impressed with
his facts about the microfinance sector. Each chapter transitioned easily to
the next and I recommend this book to those who enjoy the hunt for the bad guys
in the world of high finance crime. The book cover shows a man with wings,
giving the impression that he is an angel. The question is whether the angel is
one of the players in the finance arena or is the angel one of the journalists?
The results will surprise you.
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