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Borrowers with a worse credit history and to grant more loans with a higher per-period probability of default. Lower overnight rates during the life of the loan reduce this probability. ... Read Here
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The Effects Of The Interest Rate Ceilings On The Micro ...
To people who are unable to obtain loans or credit from commercial banks because their only security is the fact that they have regular source of income” (Thordsen and Nathan: 1999). The South African micro-lending industry is a rapidly growing market given the increased ... Fetch Content
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1) Which Of The Following Statements Are True
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