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A microcredit crisis averted : the case of Bangladesh (英语)

The paper is arranged in six sections: an update describing how modern microfinance operates in Bangladesh; explanations of why growth was so aggressive from 2002 to 2007; the story of how Microfinance Institutions (MFIs) sensed a looming crisis and how they reacted between 2008 and 2010; a description of the kind of crisis averted by MFIs and their clients; a summary of the explanations of how the crisis was avoided; and identification of five emerging...
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