The growing interest and investment in Africa’s microfinance sector, Mr. Mwangi believes, are mainly the consequence of “dwindling investment possibilities somewhere else.” There’s also a “growing recognition that Africa has turned a corner. Folks are seeing the prospects in Africa, and strategically positioning on their own to use the continent’s development.”
By having a goal that is dual of earnings and assisting bad individuals get access to economic services, personal enterprises are increasingly partnering with donor agencies to jointly purchase microfinance.
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