Françoise Clementi

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Tooltip Tags: microfinance

rural bank

Banking institution that targets clients who live and work in non-urban areas and who are generally involved in agricultural-related activities. (source: http://www.themix.org/about-microfinance/glossary-terms)

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rotative fund

Common fund formed by a group of people. Members make savings contributions to the pool, and can also borrow from it: with the fund rotative

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pledging

To ‘pledge’ something means to put that thing up as collateral, in return for a loan. The collateral must be returned once full repayment for

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pledge loan

The borrower deposits personal property as security for a personal loan of money. If the loan is not repaid when due, the personal property pledged

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pledge collateral

Refers to assets that are used to secure a loan. (source: http://www.wikicfo.com/Wiki/Default.aspx?Page=Pledged%20Collateral&NS=&AspxAutoDetectCookieSupport=1)

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peer to peer lending

The practice of lending money to unrelated individuals, or peers, without going through a traditional financial intermediary such as a bank or other traditional financial

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pawnshop

A store which offers loans in exchange for personal property as equivalent collateral. If the loan is repaid in the contractually agreed time frame, the

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pawn

To deposit (an article) as security for the repayment of a loan, esp from a pawnbroker. (source: http://www.wordreference.com/definition/pawn)

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Paris Appeal

The Paris Appeal for a responsible finance was launched at the 4th annual Convergences 2015 Forum in May 2011 in response to the irresponsible behaviour

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