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6min chapter
S6 Ep4: What have we learned about microfinance?
VoxDev Development Economics
Navigating Microfinance: Profit vs. Purpose
This chapter examines the shift towards for-profit models in microfinance, balancing the benefits of increased outreach and innovation against risks like mission drift and high interest rates. It advocates for tailored financial solutions and highlights the necessity for further research to better serve the diverse needs of vulnerable borrowers.
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