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Tag Archive | "Microfinancing"

Audley Shaw Says Micro-Financiers Should Lower Their Loan Rates

Thursday, November 5, 2009

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Speaking recently at the launch of the new Jamaica Micro-financiers Association Limited (JaMFA), Minister of Finance Audley Shaw said that Jamaica’s microfinan-ciers apply too big a markup to the credit that they issue to borrowers, and that they should look to lower their rates or get left holding their cash while the productive sectors seek [...]

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