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Microfinance in good times and bad: Yankee ingenuity keeps microfinance strong

Author

Listed:
  • Gina Harman
  • Matthew Royles

Abstract

With banks still facing challenges, alternative sources of credit are likely to play an increasingly important role in financing small businesses. The authors describe what ACCION USA has learned as its approach to microlending has evolved.

Suggested Citation

  • Gina Harman & Matthew Royles, 2009. "Microfinance in good times and bad: Yankee ingenuity keeps microfinance strong," Communities and Banking, Federal Reserve Bank of Boston, issue Spr, pages 12-14.
  • Handle: RePEc:fip:fedbcb:y:2009:i:spr:p:12-14
    as

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    File URL: http://www.bostonfed.org/commdev/c&b/2009/spring/Harman_Royles_ACCION_microfinance.pdf
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