
S5 Ep18: The limits of microfinance
VoxTalks Economics
00:00
The Micro Finance Intervention in Uganda
The study was carried out by the engio brack, one of the largest engios in the world. They worked with a hundred and 21 villages in ugonda where they were interested in expanding micro credit. The loans range from about a hundred to a thousand dollars but an average for about 550. Repayment takes place weekly; interest rate is about forty per cent.
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