Hi guys i was reading about micro financing and its successful model that worked in bangladesh.I wanted to learn few things , are these micro loans offered at interest rates? What has been the impact on the whole microfinance model on economy? Overall impact. Do bangladeshis feel this model has been some major gdp driver?
Also does offering loans to poors on interest rates is a good idea? Plus is micro financing body a For-profit or no profit based business model? Lastly, are these loans just women specific? Then why? Why not men too?. Should they not be offered to all genders ?
Or anything negative or positive that u view in microfinancing model that you would like to share.
Also does offering loans to poors on interest rates is a good idea? Plus is micro financing body a For-profit or no profit based business model? Lastly, are these loans just women specific? Then why? Why not men too?. Should they not be offered to all genders ?
Or anything negative or positive that u view in microfinancing model that you would like to share.
