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Assessing the Impact of Crowdfunded Microfinance on Entrepreneurs in Developing Countries
Developing countries are characterised by low per capita income, poor infrastructure, poor governance, low capital formation, and low GDP per capita; as a result the people living there engage in micro-enterprises through which they meet their needs and the needs of their families and in the process create jobs within their communities (not in all cases). And although they kickstart these businesses using their own equity, majority of the funds for the continuation and expansion of theirdoi:10.13140/rg.2.2.19723.03362 fatcat:ravetkh37rhsdl4ron2ilkseci