Brett asked me why are microfinance interest rates so high? Turns out there has been lots of good discussion on this, the first is that ADB says rates at 30%-70% are effectively covering the high operational costs. It takes people to manage these microloans, so the banks don’t operate at a profit in effect, they [...]
Microfinance Interest Rates
May 3rd, 2008 · No Comments · Geek
Tags: English Pubs·High Interest·Inflow·Infrastructure·Interest Rate·Interest Rates·Microloans·Miracles·Newsletter·Operational Costs·Uncdf