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Biz News
Grindlays’ microcredit
FROM ISSUE #20 (08 DEC 2000 - 14 DEC 2000)
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Nepal Grindlays Bank Ltd is to provide Rs 30 million to the Centre for Self-help Development (CSD) to fund its microcredit programmes in poor and deprived communities. The CSD will use the money to provide small loans (maximum Rs 30,000) mainly to women for income generating activities. CSD is already providing such loans to 29,829 borrowers in rural areas.
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