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Abstract title:

Alternative microfinance institutions and vulnerability

Author:

Alfonso Castillo

Issue: Volume 9, Number 5 1999

The author argues, using the example of microfinance institutions, that it is essential to build genuinely solid and alternative institutions if development is to take its direction from the poor and vulnerable. He sets out his view of the characteristics such institutions would have, and the vulnerabilities currently seen in microfinance institutions.

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