(Answered) The micro-finance concept has been a blessing for many

Management Studies

The micro-finance concept has been a blessing for many people in developing countries. Its success there is prompting some to wonder if it can spur growth in poor areas of developed nations,such as in some poverty-stricken city centers.

What could be the root of the success of such programs in developing nations? Can it work best only in developed countries like the US?

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