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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 towards the underserved populations, operates in a regulatory framework referred to as Microfinance Regulations (Mocra). These regulations are necessary for ensuring the sustainability, transparency, and ethical conduct of microfinance institutions (MFIs). In this article, we learn about the significance of Mocra and its particular impac
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