Tuesday, June 26, 2012
Microfinance repayment record is high
Ad Majorem.....
A new face is joining us at Majorem. She came from a microfinance institution that is affiliated with Grameen bank.
She said that the repayment record of microfinance borrower is rather high - nearly l00%. The reason she said, is the co -signer/surety scheme.
And the collection effort of everyone. No one goes home unless his/her account pays.
A new face is joining us at Majorem. She came from a microfinance institution that is affiliated with Grameen bank.
She said that the repayment record of microfinance borrower is rather high - nearly l00%. The reason she said, is the co -signer/surety scheme.
And the collection effort of everyone. No one goes home unless his/her account pays.
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