Microfinance | CGAP | moneylenders
Delinquency risk to be a major issue?
CGAP’s Microfinance Blog posted a short piece on the risk of delinquency in microfinance that occurs when people take on too much debt by applying for microloans from multiple lenders simultaneously. This is a significant issue, something we have written about before. The post touches the surface, but you can read the entire article here.
One Comment on “Delinquency risk to be a major issue?”
It was my foolishness that I didn’t take care of that first late payment and finance charge due to first late rolled into another month’s payment and it kept resulting into late payment and interest charges for next couple of months.
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