Saturday, 22 December 2007

Microfinance becoming part of a bigger world picture

Microfinance is seeing such keen interest from investors that the sector will likely soar tenfold in the coming years, a new research paper by Deutsche Bank predicts.
The study, the first on such investing ever published by a big financial institution, forecasts retail and institutional investments will hit $20-billion (U.S.) by 2015 from $2-billion currently

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