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2015-05-27T21:38:58+05:30
The former are preferred by both credit sectors; thelatter are sometimes used only by informal credit sector. Each credit contract has a different setof terms that are established when granting the loan..
The informal sector has generated loan schemesthat are better suited to the revenue stream of the poor, which have led to higher repaymentrates. However, no major differences between repayment rates for informal loans granted forĀ consumption versus formal loans granted for the production......
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