What is microfinance? limitations and gaps of microfinance industry
What is Microfinance? theoretical Frame, characteristics, evolution and limitations 2.2 What is Microfinance? 2.3.1 Definition and Characteristics Microfinance as defined by Steel et al (2004) refers to small financial transactions with low-income households and micro enterprises (both urban and rural) using non-standard methodologies such as character-based lending, group guarantees and short-term repeat loans. Fernando (2006) […]
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