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Essay

Endorsement Of Microcredit System In Pakistan

Essay specific features

 

Issue:

Business

 

Written by:

Sharlene C

 

Date added:

October 25, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 724

 

Was viewed:

2413 times

 

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Essay content:

And of course, we celebrate the latest country which has joined the microfinance movement, Afghanistan, which has enabled itself to get off to a running start in creating a vibrant microfinance sector. Before going ahead, we must clear our concept of what microcredit is all about? Basically, micro-credit is a kind of banking service provided to unemployed or low income individuals or groups who would otherwise, have no other means of gaining financial stability to start or expand their small and medium businesses...
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For your information, let me add here that the World Bank estimates that there are more than 500 million people who have directly or indirectly benefited from microcredit related operations since its inception. Microcredit operations have been existing since the mid 1700’s. Although, most modern microfinance institutions operate in developing countries, the rate of payment default for these loans is surprisingly low...
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General issues of this essay:
The Contributions Of Smes To Developing Countries A Case for Trade Liberalization in Developing Countries Developed And Developing Countries Of Japan And Philippines Endorsement Of Microcredit System In Pakistan Free Trade Benefits Workers In Developing Countries Global Brands and Labour in Developing Countries Microfinance and Rate of Interest Tax Evasion In Developing Countries The Pharmaceutical Industry and the AIDS Crisis in Developing Countries Globalization Can Have A Negative Impact On Developing Countries. Argue. The IMF, World Bank and WTO: The Burden of Developing Countries Ways Developing Countries Solv Implication of of geographical indications in WTO on Developing countries The Globalization's Impacts to Developing Countries unemployment in developing countries
 

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