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Gagan Mishra

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English
2 years ago

28. What Is The Difference Between Micro Finance And Micro Credit?

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Abhishek Mishra

2 years ago

Micro credit is giving a small amount of loan to the customers whereas MicroFinance is a wide term. It includes small loan + training on financial matters. In other words, Microfinance= Microcredit + Financial Literacy.

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