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Paper 2
Development indicators
Debt Relief & Microfinance loans
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Created by
Bailie-mai Bucknall
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Cards (2)
What is debt relief?
The process of
reducing
or
eliminating
the amount of
debt owed
by an
individual
or
country.
What is a Microfinance Loan?
Small loan
provided to
individuals
or
small businesses
with
limited access
to
traditional banking services.