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183Micro Financing by Registered societies or trusts

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  • tusharcosmic
    Apr 11, 2010
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      As I have studied registered societies and trusts can do micro financing legally and they do not need to take any separate money lenders license also.
      Is it right?
      Can these institutions borrow money from public for micro -financing?
      Can they accept donations for micro financing,Can they use donation money for micro financing?
      From where they will get the funds to do micro-financing ?

      Please help,thanks in advance.
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