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All posts by Melissa Johnston

         
 

Let the micro-lenders fail

Melissa Johnston | October 26, 2021

It was almost inevitable that microfinance would be proposed as a solution to COVID-19 related financial problems of the poor. But COVID-19 has plunged the incomes of the poor into free-fall, and as a result, many microfinance institutions are in dire straits. As sub-prime lenders, microfinance [...]

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