Causes of Loan Default within Micro Finance Institutions ...

1,000 microfinance institutions in over 100 countries, each having a minimum of 1,000 members and with 3 years of experience. In a survey of 2006 of such institutions, 73 per cent were NGOs, 13.6per cent credit unions, 7.8 per cent banks and the rest savings unions. An overwhelming majority of the world’s poor live in the third world countries. ................
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