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Micro-finance institutions are growing but so is debt

Monday, September 10, 2012

Central America has 120 micro´finance institutions that manage $1.3 billion in funds with 1.2 million clients.

But so far they have run up an 8 percent delay in debt repayments.

But Juan José Lagos, president of the Central American association of micro-credit, says the amount of the debt is manageable.

Full story (in Spanish)