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Shayak Sarkar, Repayment Frequency in the Law of Microfinance, 31 Yale J. on Reg.
Recent debates over microfinance regulatory frameworks have misunderstood an important instrument: repayment frequency.
Despite recent laws mandating lower microfinance repayment frequency under the banner of consumer protection, this Comment argues that repayment frequency is unable to protect borrowers beyond what substantive anti-coercion rights and procedural law can, and have begun to, accomplish.
Moreover, repayment frequency, because of its link to meetings in group lending schemes, can produce social capital among borrowers, a byproduct that has been ignored in regulatory debates.
Standard terms include an amount, an interest rate, the term, repayment type, repayment frequency.
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We assessed key characteristics of each type of Changkar (including lending source, amount of loan, lending period, lending conditions, interest rate, purposes of loan, and mode of repayment), their advantages and disadvantages, and their frequency of use for health care.
Repayment policy.
Tells about conditions for repayment.
The repayment rate is 99.04 per cent".
§ 102.163 Opportunity for repayment.
Frequency: annual.
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