Exploitative Microfinance Interest Rates

  title={Exploitative Microfinance Interest Rates},
  author={Subrata Kumar Mitra},
  journal={Asian Social Science},
  • S. Mitra
  • Published 2009
  • Economics
  • Asian Social Science
The field of microfinance emerged in the developing world as a vehicle to provide financial services to poor segments of population is gradually being seen as a profitable business opportunity. In the initial stages of development, these activities were perceived to be done with a service agenda. As the micro finance institutions (MFIs) began to mature, they started facing performance dilemma, and focus is gradually shifted towards profitability. In order to improve profitability of MFI… Expand

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