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Microcredit is a modest lending facility offered to persons with low incomes in order to encourage them to start their own business. Microfinance refers to a variety of financial services offered to small businesses and entrepreneurs who are unable to use banks for banking and other services.
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Foreign trade is faced by many risksб among them export credit risk. Suggest the various ways that can be adopted to reduce export credit risk citing the consequences to lack of the measures.
What is the solution, if overseas buyer not paid? Can an exporter provide credit to a foreign buyer? What to do if buyer not paid amount? Please provide tips to...
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1.Discuss the content of microfinance act of 2006 2.Discuss the legal and regulatory environment for MFIs in Kenya.
1.Microfinance was launched in Kenya on Dec. 30, 2006. It lays out all of the licensing, supervision, and governance standards that must be met in order for microfinance institutions to...
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How are FinTech start-ups and Big Tech firms competing and cooperating with incumbents from big finance? How has Big Finance reacted?
Fintech regulations are more flexible than traditional restrictions, making the industry riskier. However, people continue to use it because it provides a more efficient, cost-effective, inventive, and user-friendly experience. Additionally,...
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In balance of payments debit means inflow and credit means outflow then why debit which is inflow is symbolized with -negative and credit as +positive please let me know with suitable examples
Balance of payment (BOP) account is a double entry system that has two sides; debit and credit side. Any business transaction that generates foreign exchange is documented on the credit...
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What are relative advantages, of a growth path based on relatively cheap capital, and a growth path based on cheap labor and a demand-driven growth?
Adding capital to the economy tends to increase productivity of labor. Newer, better, and more tools mean that workers can produce more output per time period.Another way to generate economic...
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macroeconomics is aggregate of what happen at micro level. Would it be possible for what happens at the macro level to differ from how economic agents would react to some stimulus at micro level.
Yes, its very much possible. A given economy can do well at its microeconomic level and perform dismally at its macroeconomic level.It happens when basic wants are provided for excessively...
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How investment tax credit and employment tax credit can be used to address unemployment?
Investment tax credit offers tax incentives to companies as rewards for their investment in their business. This encourages investment and growth. Consequently, more workforce is employed, and as a result,...
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imagine a startup company of your own and briefly trace its development from sole proprietorship to a major corporation with a focus on how that development would be finance.
When you are a sole trader and you donrsquo;t have enough money to develop your business rapidly, you can get finance from your relatives, friends, or just your own savings....
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What is the difference between these two journal entries? What does these journal entries entail? Debit COGS Credit Inventory or. Debit Inventory Credit COGS
1. A debit to cost of goods sold means that that account balance has increased. It also means that more goods have just been sold, and thus must be increased...
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What type of account is Other Financing Sources? Do you normally debit or credit it? What type of account is Other Financing Uses? Do you normally debit or credit it?
Other financing sources and uses include a limited number of special transactions that are used to account for non-operating revenues/receipts and expenditures/disbursements. Included in this financial reporting category are operating...
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