Do you foresee derailing this concept in developed nations

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Question: The microfinance concept has been a blessing for many people in developing countries. Its success there is prompting some to wonder if it can spur growth in poor areas of developed nations, such as in some poverty-stricken city centers. What, if any, cultural or commercial obstacles do you foresee derailing this concept in developed nations?

Reference no: EM133410270

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