Fighting poverty through microloan guarantees - Springwise
A traditional microloan or donation of USD 100 delivers roughly that same amount to the entrepreneur in need, but providing a loan guarantee of the same amount can result in a much larger loan from a local bank, United Prosperity says as much as USD 666, in this case.
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Tuesday, September 1, 2009
Fighting poverty through microloan guarantees - Springwise
Labels:
banking,
Economics,
Fighting poverty,
finance,
guarantees,
microloan
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