Microloans get bad credit

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Microcredit_mexico_fao_3 According to David Satterthwaite, the editor of MicroCapital Monitor, in South Asia alone microlenders have reached so far only about 2 percent of potential customers. As needs and opportunities for access to finance continue to grow, so does the debate on the social and commercial aspects of microlending.

Most recently on the "con" side BusinessWeek has published a special on the problems that some poor borrowers in Mexico encounter.

The FT and Nextbillion have the other side of the story.


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