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SearchWhat is Oikocredit’s reaction to the media’s critique of microfinance?
- It is not always the case that access to financial services has a positive impact on the lives of people and so we welcome well-researched analyses. Assessment and evaluation keep operations in check, and work to maintain the integrity of the sector.
- Repayment can become a burden for a client, whether it is because of high interest rates or multiple loans. That's not good for the client, nor is it good for the sustainability of the sector and its mission. We do not want MFIs and their clients to fall into this trap.
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