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Institutional aspects of credit cooperatives (Inglés)

The most common form of government intervention in the rural sector has been massive lending at subsidized interest rates. Credit programs generally aim to reach small farmers. However, despite the expansion of credit over the last three decades, few farmers in low income countries seem to have received or benefited from such credit. It has thus been common for small-scale farmers to resort to the formation of organized credit groups or cooperatives...
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