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This paper investigates whether the country-level financial environment in which microfinance institutions (MFIs) have …
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Traditional banks have proved to have severe limits in mitigating financial exclusion. The microfinance revolution is … microfinance in alleviating social and financial exclusion …
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We conducted a survey in 2001 among members and group leaders of borrowers who accessed loans from two microcredit programs in Eritrea. Using the results from this survey, this paper aims to provide new insights on the empirical relevance of the homogeneous matching hypothesis for microcredit...
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