Making sense of microcredit interest rates : Como entender las tasas de interes para el microcredito (Spanish)

Why do microfinance institutions (MFIs) charge such high interest rates to the poor? This brief highlights some of the key issues related to microcredit interest rates and the role of donors. Microcredit interest rates are set with the aim of providing viable, long-term financial services on a large scale. MFIs must set interest rates that cover all administrative costs, plus the cost of capital (including inflation), loan losses, and a provision...
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Goodwin-Groen, Ruth Patricia.

Making sense of microcredit interest rates : Como entender las tasas de interes para el microcredito (Spanish). CGAP donor brief ; no. 6 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/166751468323967498

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