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Microfinance: Good For The Poor?

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작성자 Damaris Cairnduf… 작성일23-05-27 13:17 조회114회 댓글0건

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 Microfinance: Good For The Poor?
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The expansion of microfinance in Africa since 2000 has been inspiring. Information by Microfinance Information Change, a non-revenue organisation that retains track of the industry, reveals that from 2002 to 2012 the trade expanded by greater than 1,300%. Throughout this interval, gross loan portfolio leapfrogged from $600 million to $8.4 billion. The variety of microfinance prospects or depositors shot from 3 million to 20 million, with lively borrowers growing from three million to 7 million.

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