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In many countries, including Uganda, Bangladesh, and Bolivia, microfinance has become more competitive in recent years. Competition is generally expected to benefit consumers by offering a wider choice of appropriate products and providers, better service, and lower prices. However, in some countries where microfinance is considered competitive, interest rates on micro-loans have remained stubbornly high. Does competition result in lower interest...
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Porteous,David John.

Competition and microcredit interest rates (Russian). CGAP focus note ; no. 33 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/205721468006269586

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