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download The Performance of Subsidized Microfinance Organizations in ePub



Download The Performance of Subsidized Microfinance Organizations


Read The Performance of Subsidized Microfinance Organizations






































































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Evolution of the Microfinance Sub-Sector in Ghana. Indeed, the concept of microfinance is not new in Ghana. There has always been the tradition of people saving and/or taking small loans from individuals and groups within the context of self-help to start businesses or farming ventures. Similar to other sub Sahara Africa Countries the socio economic situation of Ethiopia is characterized by low growth of income some of the problems are social services, high population growth, economic inefficiency on high unemployment e.t.c. Microfinance is relatively new industry which arose in the early 1980’s after the faller of the government delivery of subsidized credit to poor farmer. On Puns: The Foundation of Letters by Jonathan Culler (1988-06-01) The Inter-American Development Bank began supporting income generating nonprofit organizations and cooperatives in 1978 through its Small Projects Fund long before there was a field dubbed social enterprises. 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