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We examine the heterogeneous effects of globalization on the interest rate setting by microfinance institutions (MFIs) around the world. We consider MFIs as a mechanism to overcome the institutional v...
European countries use microfinance as an instrument of development cooperation in three separate forms, which differ in the financial flow. In the first type, the government transfers grant money to ...
Advocates of microfinance argue that Microfinance is a powerful to alleviate poverty. In recent times, however, many studies do suggest that the reality promise of microfinance may be less attractive...

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