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Business / Re: I Need A Loan From Micro-Finance Banks by Uditha: 11:55am On Nov 16, 2008 |
What is the reason behind naming this process "Microfinance"? Are borrowers put into groups so that future loans can only be obtained if outstanding debts of the whole group is paid? If you are requesting 4 a loan without the acquaintance of a group what are the methods that will ensure the person would pay the debts? |
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