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Title: microfinance

Essay Details

Subject: Business
Author: Rita A
Date: July 31, 2013
Level: University
Grade: A
Length: 21 / 6065
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Since social ties are often the principal source of wealth for the very poor, these institutions try to reinforce these links, in particular by creating solidarity groups which help to secure their loans. However, there is a price to pay for the development of social ties and their cost is not accounted for in traditional indicators of financial performance...

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Since social ties are often the principal source of wealth for the very poor, these institutions try to reinforce these links, in particular by creating solidarity groups which help to secure their loans. However, there is a price to pay for the development of social ties and their cost is not accounted for in traditional indicators of financial performance...

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