1. Devaluation Of Pakistan's Currency
Advantages of devaluation: Local savers may provide less costly funds; an important habit among clients and the public is rewarded Lower interest loans provide experience for MFI in borrowed funds Local banks become familiar with MSE (micro and small enterprise) potentials Access to larger sums more quickly based on track record Allows longer term projections than grants Provides a discipline similar to that of MSE clients Disadvantages of devaluation: Higher financial costs force organizational decisions and changes Substantial initial collateral requirements ...
- Word Count: 2476
- Approx Pages: 10
- Has Bibliography
- Grade Level: High School