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The question of social impact often comes up in micro-finance. The profitability of Sogesol and other MFIs was contingent on high interest rates - were
The question of social impact often comes up in micro-finance. The profitability of Sogesol and other MFIs was contingent on high interest rates - were they too high? Would you lower the rates, and if so, how would you maintain profitability to stay in business? Would you keep the rates high, and if so, how would you justify that to the wider global community?
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