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Our knowledge about microfinance in developing countries has been greatly enriched in recent years by the experience of numerous institutions. Different sound technologies and practices of financial services to all segments of the population have emerged; there is no single best practice or...
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How to develop in third world countries a sector of viable financial institutions with sustainable financial services for the whole populace including the poor? During the 90s an answer to that question is being sought in the field of microfinance, which comprises formal and nonformal financial...
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Indonesia is a country with a deregulated policy environment in which microfinance institutions (MFIs) abound. Between 1970 and 1993 poverty has been drastically reduced from 60% to 14%. Three factors have been instrumental: explicit government policies, sustained economic growth and, since...
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and one cooperative rural bank. All but one of them use the Grameen technology in reaching the poor, replicating Prof … the conventional individual and the Grameen-type group-group technology and was is therefore analyzed in greater detail … Grameen-type group technology was profitable and multiplied the bank's outreach, it added so little to its overall profits …
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