Microfinance: Mega-banks: "
Mainstream financial institutions are increasing their involvement in the Microfinance arena.'...After growing by between 20 percent and 40 percent a year for the last decade, microfinance now involves about 10,000 lenders and at least 50 million borrowers. With loans averaging around $530, billions of dollars are reaching struggling entrepreneurs around the world whose incomes are too low to
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(Via Timbuktu Chronicles.)