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Microfinance struggles with UK growing pains

Getting pension funds to make direct investments in lending to the world’s developing nations is proving to be a challenge

Microfinance – lending small amounts to poor individuals in the developing world – has been proclaimed as a worthy cause but has struggled to make an impact with big UK investors.

However, despite the concept coming under attack, its proponents have not given up trying. The idea of microfinance is to make money while also doing some good in the world; giving people access to comparatively cheap credit.

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