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FT.com / Asia-Pacific - Bangladesh caps microfinance rates at 27%
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www.ft.com/...ea-11df-9912-00144feab49a.html
ft
bangladesh
Microfinace
interest rates
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Duncan Innes
on 08 May 11
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Duncan Innes
on 08 May 11
With no rural banks - a welcome cap of 27% has been put on Microfinance. Will it be enforced - is 27% still too much and will the poor remain in a circle of debt trap?
With no rural banks - a welcome cap of 27% has been put on Microfinance. Will it be enforced - is 27% still too much and will the poor remain in a circle of debt trap?
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