To reach large numbers of people, microfinance must eventually move into institutions that are licensed and supervised by a country's financial authorities. A licensed institution can offer savings services to its clients and multiply its own equity capital by capturing deposits. Because microfinance is different from conventional banking, the banking laws and regulations in most countries will eventually need some adjustment to accommodate licensed...
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INFORMATION
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2003/05/01
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Fiche
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34192
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1
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1
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2005/11/09
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Disclosed
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Regulation of supervision of microfinance
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microfinance
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