Microloans for small businesses have taken off in Peru, where informal employment is high and access to credit is low. The nation now ranks No. 1 in the annual Economist Intelligence Unit survey of world’s best business environments for microlending.
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In Peru, Tiny Loans Add Up to Big Business originally appeared on DailyFinance on Sat, 06 Nov 2010 09:00:00.
Filed Under: Economy, Credit, Small Business