Microcredit management support

Colman, Robert
December 2005
CMA Management;Dec2005/Jan2006, Vol. 79 Issue 8, p53
Trade Publication
This article presents information on microcredit, which is an important form of financial relief in developing countries. According to the author, microcredit provides small loans to those who are normally excluded from formal financial services. He further stated that the objective of microcredit is to present a greater access to credit, savings, insurance, transfer remittances and other financial services for poor and low-income households. The effective management of microcredit programs in underprivileged communities comes along with their own unique challenges.


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