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Chapter 15 Microfinance and Its Impact Paper

Chapter 15 Microfinance and Its Impact Paper

Question Description

It is increasingly clear that much economic activity in developing countries comes
from small – scale producers and enterprises such as small farmers, producers,
artisans, independent traders, etc. Their demand for financial services is outside
the traditional commercial bank lending. To meet their need for financing a variety
of forms of informal finance have emerged including microfinance institutions.
Explain what is meant by Microfinance and discuss the current policy debate
surrounding it and the potential limitations of Microfinance as a Development
Strategy.

Use Chapter 15 and Section 15.3 of the textbook: Economic Development, as
guide.
Link to the textbook : https://www.academia.edu/34970918/EBook_-_Economic…

Use newspaper & periodical articles for consultation and provide citations.
The paper should be about 4 pages single space


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