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Microfinance institutions (MFIs) around the world boast both their social missions and their impacts in the communities they serve. However, upon further inspection, academics and researchers have more skeptical opinions about microfinance’s influence on the empowerment of people. What is the real story? Relying on testimonials from real microfinance clients and institutions, this thesis aims to ... read moreprove that microfinance is an effective empowerment tool for marginalized populations in Ecuador, and to recommend strategies for MFIs to properly document their impacts in communities.read less
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