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| Topic: |
Social Issues
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| Number of pages / Number of words: |
10 / 2759 |
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When referring to MFIs in both cases the part of the institution, which offers micro finance, is the only sector being referred to. Other institutions do play a part in the sector of Micro finance and play a part in the reshaped and deepened financial sector. These are namely community-based financial intermediaries; they range from membership based such as credit unions and cooperative housing societies to those owned and managed by local entrepreneurs or municipalities...
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These are namely community-based financial intermediaries; they range from membership based such as credit unions and cooperative housing societies to those owned and managed by local entrepreneurs or municipalities. On the other hand these institutions tend to have a broader client base than the financial NGOs and already consider themselves to be part of the formal financial sector...
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