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Andy D

India Microcredit Faces Collapse From Defaults

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Mhttp://www.nytimes.com/2010/11/18/world/asia/18micro.html

First link didn't work.

But microfinance in pursuit of profits has led some microcredit companies around the world to extend loans to poor villagers at exorbitant interest rates and without enough regard for their ability to repay. Some companies have more than doubled their revenues annually.

No wonder they don't want to pay and have simply stopped.

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  • 142 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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