12Case file research conducted to the quality of lending calculated against contemporary banking company in nyc revealed that micro-lending is extremely staff intensive, utilizing untrained workers, partially in the shape of paternalistic social work; the grade of loans had been inadequate, customer security had been circumvented and disregarded, harsh debt data recovery procedures were used as well as the really clients who may have acquired better terms from the banks were retained to enhance the returns for the micro-lender. For expense reasons, active consumer purchase measures had been pursued also where bankable clients had been worried.
13The micro-lending items on their own are mostly archaic. Accion had fixed-instalment credit with a belated re re payment cost that rose with each extra reminder. Fundusz Micro excludes any advice and inquiry into future prospects but works on the cost-cutting disk technique, whereby the credit choice is manufactured by simply switching the disk. Weiterlesen