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Sustainable Banking with the Poor - Case Studies in Microfinance : NGOs in Microfinance : Past, Present and Future - An Essay (Английский)

This essay raises questions about the role of non-governmental organizations (NGOs) in microfinance. Based on research conducted by the World Bank under the Sustainable Banking with the Poor (SBP) project, other literature on microfinance, and the author's own experience over the last 15 years, it makes two main points. First it demonstrates that with a few notable exceptions, the record of NGO in microfinance is a poor one. Second, the essay suggests...
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