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Saturday, June 6, 2020

Reverse migration may open fresh business opportunities to micro lenders: Muhammad Yunus

Microfinance lenders need to revisit their strategy and built products suitable for this emerging borrowers, father of microfinance Muhammad Yunus told industry leaders. Citing examples of a business model followed by Bangladesh's Grameen Bank, Yunus said that microfinance institutions should create venture capital funds to take equities in rural ventures.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Y5cGda

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