Loan Clauses That Bite
A guide to potentially dangerous covenants in common MFI loan agreements
by Marcus Fedder
In these times of worsening economic conditions, MFIs should carefully re-examine their loan documents and analyze the covenants that are frequently built into these loan agreements... comments (3)
Newsweek correspondent Mac Margolis delves into a new microfinance study, and wonders whether the much-lauded sector is about as efficacious as a subprime CDO...