To date microloans occupy almost the leading positions in the sphere of lending. Some financial institutions have the opportunity to expand their loan portfolio by more than 100, and this is only over the past eighteen months. The concept of "microcrediting" appeared in South Asia in 1974.
The founder of this concept was Professor of Economics Mohammed Yunus. Simple Online Form Fast Access to Funds. Start Now and Get Results Fast. How It Works. Fill Out Our Simple Form.
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Meanwhile, his debt is rising fast, growing higher every two weeks. Finally, the debts have ruined Taylor's credit, which he says will cause him to pay more for insurance and for his cell phone. He says he feels guilty that he wasnt able to pay back the loans. These people did give me money. It aint their fault I couldnt manage it, he said. But he says the same thing that happened to him could happen to anyone.
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