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

Microfinance
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Microfinance > Best Practices > During its Evolutionary Path, Microfinance is Getting More Expensive...

During its Evolutionary Path, Microfinance is Getting More Expensive...
Ofwono Willy Osinde, Project Manager, Uganda, 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? (...) Read more? Sign up for free

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Microfinance
Summary
Forum
🔥PROs and CONs of Microfinance: An Overview
Problems with Microfinance: Beneficiaries Lack Financial Expertise
Microfinance Types: Group and Individual Lending
Best Practices
🥇What is Financial Inclusion?
🥈Accreditation in Microfinance / Financial Inclusion
🥉Disadvantages of Microfinance / Microloans. Risks
What is Poverty Reduction in Development Economics?
History of Microfinance
Microfinance Counseling is Necessary
Middle Class is Key for Improving Quality of Life
Micro Financing Helps
Using Post Offices Towards Microfinancing
Micro Finance is for Business People
Recent Microfinance Trends
Micro Finance for Persons with Disabilities
Is Microfinance a Success?
Microfinance & Microcredit Need Kind-hearted People
Microfinance Needs Trust
During its Evolutionary Path, Microfinance is Getting More Expensive...
Microfinance Impact on Rural Development
Microfinance for Housing (MFH)
Microfinance Research and Intelligence
Non-interest Banking
Taxation of Microfinance Institutions
Influence of Economic Crisis on Microfinance
Management and Business Coaches Needed in Microfinance
Microfinance Challenge: Solvency of the Borrowers
Exclusion of Conventional Commercial Banks from Establishing Micro-finance Banks
What is the Best Way to Manage Microfinance in Sudan?


Microfinance
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