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In an enormous half, this success was made due to the very active promotion of microfinance by the principle actors of so-known as «development policies» including governments of the global North, so-known as «philanthropic» billionaires (an oxymoron!) reminiscent of Bill Gates, and at the start by the World Financial institution World Bank
WB The World Bank was based as a part of the brand new worldwide financial system set up at Bretton Woods in 1944. Its capital is supplied by member states’ contributions and loans on the international cash markets. It financed public and non-public initiatives in Third World and East European nations.
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