While the majority of microfinance models provide short-term credit with a two-year turnaround or less, there is a significant need for long-term finance in the marketplace. Long-term loans of 3 to 15 years, for example, are especially critical when borrowers are looking to finance educational expenses or agricultural investments.
The very nature of education is long-term, whereas agriculture can involve both short- and long-term loans. Longer-term agricultural investments include microforestry, organic conversion and field renewal, to name just a few.
MFIs and other... Continue Reading >>
The very nature of education is long-term, whereas agriculture can involve both short- and long-term loans. Longer-term agricultural investments include microforestry, organic conversion and field renewal, to name just a few.
MFIs and other... Continue Reading >>