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What are the positive sides of Micro Finance impacts on economic growth

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Finance

  • What are the positive sides of Micro Finance impacts oneconomic growth

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Microfinance is generally defined as financial institutions that provide financial services to the poor unbanked population Threequarters of the worlds poor lack a bank account because of poverty costs etc and are denied credit by formal financial and banking institutions as constrained by formal rules which they have to follow to get a credit from these institutions Microfinance institutions    See Answer
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What are the positive sides of Micro Finance impacts oneconomic growth

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