In section 1.6 we described Compartamos, a Mexican microlender that charges interest rates at levels close to
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In section 1.6 we described Compartamos, a Mexican microlender that charges interest rates at levels close to those of moneylenders. Why might Compartamos nevertheless create social benefits even at very high interest rates? What kinds of information would you require in order to assess the social optimality of Compartamos’s strategy?
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Related Book For 
The Economics Of Microfinance
ISBN: 978-0262513982
2nd Edition
Authors: Beatriz Armendariz ,jonathan Morduch
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