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Essay

Microfinance and Rate of Interest

Essay specific features

 

Issue:

Business

 

Written by:

Tammi P

 

Date added:

September 9, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 808

 

Was viewed:

5658 times

 

Rating of current essay:

 
Essay content:

Subsidy: Khushhali Bank receives 20% and Grameen Bank 30% of markup. 2. High rate of interest: Yugoslavian banks receive 70% and Latin American banks 50% of markup. ? Till 1980’s the trend was to provide subsidized credit. ? At that time rate of interest less then rate of inflation. ? And effective rate of interest is less the 0% ? After 1980’s the trend has changed...
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1/3 of population are living in slums in Dhaka and have own active economy of working poors. ? The Program was lunched in 1996, they were extending loans and providing saving services. ? Two sites were selected 1. Tikkapura and Kalyan pur 2. Geneva. ? Data was collected from 1999 to 2001. ? At one place there was no change in rate of interest and at the other place in mid way the rate of interest was changed...
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