WebIt calculates that on average, subsidies amounted to $132 per borrower, but the distribution is highly skewed. The median microfinance institution used subsidies at a rate of just $26 per borrower, and no subsidy was used by the institution at the 25th percentile. http://www.sjemr.org/download/SJEMR-1-5-102-113.pdf

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Inclusive business models - Enterprise Development

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