During its Evolutionary Path, Microfinance is Getting More Expensive...

12manage is looking for contributors...


 
Microfinance > Forum Log in

During its Evolutionary Path, Microfinance is Getting More Expensive...
Ofwono Willy Osinde, Member
The idea behind microfinance if implemented well can solve rural poverty and propel development from below. However, during its evolutionary path, the proprietors of microfinance have factored in hidden costs and interest rates which in one way shoots the very foot that is supposed to support development. The lenders pay hefty interest rates and at the end of it all don't develop themselves but the microfinances. The high interest rates are in some cases explained by the high risks associated with doing the business, but can't there be a better system that includes many whilst taking into consideration their plight?
 

 















 

  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  


Special Interest Group Leader

You here


More on Microfinance
Summary
Forum
Best Practices

Expert Tips

Resources



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 19-7-2018. All names of their owners.