sources to the women to improve

July 09 [Mon], 2012, 14:16
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The micro lending business model implemented by the Grameen Bank has transformed the lives of millions of poor people. As the poor people do not meet the credit requirements of commercial banks, they often find it difficult to raise capital to start small business. Te traditional microfinance models aim to provide income sources to the women to improve the standard of living of their reebok pittsburgh steelers ben roethlisberger premier team color nfl jersey
families. However, the lending models were devised much before the popularization of the internet based communication technologies. Further, the debt recovery measures used by certain microfinance institutions in India resulted in more stringent guidelines and regulation. These changes also made it essential for the microfinance companies to follow more organized and transparent methods. With implementation of latest technologies, the microfinance institutions can now raise funds in a completely convenient and transparent manner.

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