A recent article in US-based Newsweek magazine entitled ‘Big Crisis, Small Help’ examines the importance of microfinance institutions (MFIs) in mitigating crises in post-disaster environments. “Microfinance institutions are used to dealing at grassroots levels in a way that large commercial lenders cannot,” says Mr Don Terry, a former Inter-American Development Bank (IDB) microfinance and remittances … Continue reading MICROCAPITAL BRIEF: Newsweek Article Examines Importance of Microfinance Institutions (MFIs) in Post-Disaster Environments
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