Microcrédit Syndiquer le contenu

Par R. RAMAKUMAR

What exactly is microcredit? Since when does it exist?

The specific definition of microcredit differs from country to country. However, defined generically, microcredit refers to the provision of “small loans” to the poorer sections of the population without the surrender of any physical collateral. The definition of small loans, the eligible beneficiaries and the conditions regarding the utilization of funds and terms of repayment vary from country to country.

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