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In Asia a lot of the microfinance goes to fund new businesses. The rates are similar to what's been discussed here - once all the fees are factored in it can b
by mathattack 13y ago
In Asia a lot of the microfinance goes to fund new businesses. The rates are similar to what's been discussed here - once all the fees are factored in it can be 30some percent. It doesn't sound like charity, but there are a lot of fixed costs involved in the loans that need to be amortized.