Answered

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Suggest one way microfinance loans can help to reduce the development gap?

Sagot :

paster45

Answer:

Debt relief is when debts are either reorganised to make them more manageable, or reduced. Microfinance loans are when money is lent to LICs to help them to develop. These are often small loans with reasonable interest rates. They are available to people and businesses who may normally struggle to get credit.

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