How Microcredit Can Help Poor Countries After Natural Disasters

Jan 2018
Global, January, 25 2018 - But the biggest difficulty is in raising finance for recovery lending. Grants may not be available. This month’s initiative will give MFIs prompt access to liquidity after a disaster, helping them meet increased demand, for an annual premium of about 0.5% of the value of their portfolios, in addition to the normal cost of funds.

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Source : The Economist

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