https://www.regulatorymatters.com.au/
Microfinance, often hailed as being a powerful tool for poverty alleviation and economic empowerment, has gained prominence globally. However, this financial service, which provides small loans and financial services for the underserved populations, operates in a regulatory framework referred to as Microfinance Regulations (Mocra). These regulations are essential for ensuring the sustainability, transparency, and ethical conduct of microfinance institutions (MFIs). In this article, we explore the need for Mocra and its influence on the microfinance
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