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Indonesia is a country with a deregulated policy environment in which microfinance institutions (MFIs) abound. Between 1970 and 1993 poverty has been drastically reduced from 60% to 14%. Three factors have been instrumental: explicit government policies, sustained economic growth and, since...
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The Philippines, a country of great promise in the 1950s, has greatly lagged behind many other Asian countries. Between 1991 and 1994 urban poverty declined from 26% to 29%; but rural poverty virtually stagnated at a much higher rate: 55% and 54%, respectively. Poverty lending programs were...
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In most Asian countries including Vietnam, inadequate access of small farmers and microentepreneurs including women and the poor to effective financial services presents a major challenge. Such services must include facilities to deposit microsavings, access to microcredit for production,...
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On 24-26, 1996, the Vietnam Bank for Agriculture (VBA) and the Asia Pacific Rural and Agricultural Association (APRACA) held a joint workshop in Hanoi on Alternative Mechanisms for the Promotion of Microfinance in Vietnam. The workshop was hosted by VBA and supported by the German technical...
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