Economy, asked by Nadeemsheikh5937, 1 year ago

How a micro finance institution is different from a bank?

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Answered by Nyaberiduke
0

Micro finance institutions are smaller branches of a National Bank where they they get financial aid from the national bank for its financial support and operations.They differ in a way that the macro finance institutions gets money from bank to run their operations.The Bank are a central operators. The amounts that are transacted in micro finance institutions are normally little as compared to banks .

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