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98 percent of micro loans are repaid on time. Internatinoal Year of Microcredit Over 90 percent of borrowers at the Grameen Bank are women. Grameen Bank In Bolivia, micro loan clients doubled their income in two years and were more likely to have access to health care and send their children to school. Global Development Research Center Children of micro loan borrowers are less likely to be child laborers and are more likely to attend school, have improved nutrition, and receive medical care. International Year of Microcredit Women who borrow from microfinance institutions often enjoy increased self-confidence and take a more active role in the community. International Year of Microcredit Existing microfinance institutions reach only 4 percent of the potential market. United Nations Less than 2 percent of poor people have access to financial services from sources other than money lenders. United Nations 80 percent of the world's population does not have access to credit. Planet Finance |
