Link..pdf

CGAP-Occasional-Paper-The-New-Moneylenders-Are-the-Poor-Being-Exploited-by-High-Microcredit-Interest-Rates-Feb-2009.pdf
Preview of link.
🔗 Source: cgap.org
📊 Size: 383 KB
👤 Author: Richard Rosenberg, Adrian Gonzalez, and Sushma Narain
⬇️ Downloads: 61

Summary

Microfinance institutions (MFIs) have focused on financial sustainability by charging high interest rates to cover costs, arguing this ensures permanence and expansion of services. However, these rates are often higher than those for normal bank loans due to higher administrative costs. Critics argue that these rates are excessive and exploitative, particularly when MFIs transform into private commercial corporations and profits go to shareholders. The debate centers on what constitutes an "excessive" interest rate, with some MFIs charging rates that seem hard to justify from a development perspective. The issue is complex, with varying interest rates and circumstances across different MFIs, and no agreed standard for what is abusive.

Description

Microfinance institutions (MFIs) have focused on financial sustainability by charging high interest rates to cover costs, arguing this ensures permanence and...

Technical Information

  • File Format: PDF
  • File Size: 383 KB
  • Pages: 28
  • Language: EN
  • Author: Richard Rosenberg, Adrian Gonzalez, and Sushma Narain
  • Total Downloads: 61
  • Last Updated: 1 month ago

Document Overview

This PDF document about link. provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into link..

Related Topics

If you're interested in link., you might also want to explore:

Download link. eBooks for free and learn more about link.. These books contain exercises and tutorials to improve your practical skills, at all levels!

Not satisfied with this document? We have related documents to link., try searching with similar keywords: Free Link Exchange And Link Trade Directory Link, Dark Link Vs Link, Http File Tp Link Login Net Link, Link 11 Data Link, Link 16 Data Link, Link And Dark Link, Link Builder Pro Profile Link Builder, Link Exchange Free Link Exchange

You can download PDF versions of the user's guide, manuals and ebooks about link., you can also find and download for free A free online manual (notices) with beginner and intermediate, Downloads Documentation, You can download PDF files (or DOC and PPT) about link. for free, but please respect copyrighted ebooks.