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Moneylenders: An Idea for Rural Financing in Nepal


Moneylenders: An Idea for Rural Financing in Nepal
Abstract :
The aim of this article is to propose a new institutional mechanism to enhance the access to rural credit in Nepal. For this we review the role of existing mechanism in credit delivery process in rural market and argue that ‘money lender’ as a formal institutional mechanism is capable to reduce high cost of rural financing; is sustainable; and is hi-tech absorptive.

 

 
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