A new look at microfinance apexes (Английский)

This paper uses the shorthand term 'microfinance' to refer to financial services for low-income people. Apex facilities exist for other sectors besides microfinance for instance, lending to exporters or small and medium enterprises (SMEs). However, since this paper is limited to microfinance; 'apex' here generally refers only to microfinance apexes. This paper does not cover federations of retail cooperatives or credit unions, even though they sometimes...
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