New and developing businesses

21/01/2020 12:40 PM 0 komente

With traditional banks becoming increasingly skeptical of lending as a result of high non-performing loans and lack of feasible projects, microfinance is finding more and more ground. Operators operating in this segment and pledging loans in small amounts, borrowed quickly and without much paperwork, are adding significantly recently. Microfinance has high interest rates, due to increased administrative costs and high risk and as a consequence, it is generating satisfactory profit rates. “IuteCredit Albania” marked in 2018, more than doubling its […]

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