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On the earnings assertion, the paper orders rely as income and the lumber counts as an expense, though the payments and invoices are still sitting in accounts payable and accounts receivable — and no cash has really changed fingers. Money circulate from operations, alternatively, only concerns itself with the second these accounts are paid in …

LOLC Finance And LOLC Micro Credit: Report And Recommendation Of The President Read More »

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Microfinance can only develop into the silver bullet the international neighborhood hoped it could be if microfinance is re-examined, re-evaluated, and revised. This might embrace altering what the system looks like and possibly partnering the system with different practices of poverty reduction. These practices could embody direct cash transfers which have confirmed efficient in countries …

Rethinking Microfinance – Berkeley Economic Review Read More »