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Microfinance, often hailed being a powerful tool for poverty alleviation and economic empowerment, has gained prominence globally. However, this financial service, which supplies small loans and financial services towards the underserved populations, operates in a regulatory framework known as Microfinance Regulations (Mocra). These regulations are necessary for ensuring the sustainability, transparency, and ethical conduct of microfinance institutions (MFIs). In this article, we delv

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