Buy custom Subsidy and Sustainability
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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1713 |
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The Micro banking Bulletin (Microbanking Bulletin 2003), for example, shows that sixty-six out of 124 microlenders surveyed were financially sustainable, a rate just over 50 percent. For microlenders focusing on the “low-end,†just eighteen of forty-nine were financially sustainable as of the July 2003 accounting, a 37 percent rate...
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On one hand, the data show that even programs reaching poorer clients can do so while covering the full costs of transactions. But, on the other hand, the norm remains subsidization.’
Not only that, but bear in mind that these 124 microlenders in the Microbanking Bulletin data are a relatively impressive bunch, sustainability-wise...
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