Microcredit
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Women checking their savings records. | Microcredit focuses on financial development and complements the personal and social development fostered within Self Help Groups.
Microcredit cooperatives allow members to:
- Escape the exploitation of unscrupulous moneylenders
- Budget and save for regular family requirements and unforeseen emergencies
- Gain access to low interest bank loans
- Develop small-scale business ventures
Microcredit case studies can be found on on AusAID's Global Education website
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