Helping Each Other: Sharing through Microfinance

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Date
2010-11-11
Authors
Daniel, John
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Commonwealth of Learning (COL)
Abstract

While microfinance was an important breakthrough it is, as the name implies, concerned with small loans. It is a start, but only a start, to a process that allows rural people access to credit to implement their ambitions to improve their lives. The logical end of microfinance is community banking. However, if microfinance is not properly regulated, it can become an exploitative tool.

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Subject
Rural Development
Country
Sri Lanka
Region
Asia
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