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These institutions provide financial services to individual and groups. MFIs boost activities of low income earners who cannot afford to access mainstream banking services. MFIs provide loans to their clients and also act as advisor on how to use their finances appropriately. MFIs fall in different category depending on model of operation. MFIs finance developments that eradicate poverty; in return they make profits that sustain their operations. Key feature in MFI’s system is the comprehensive Loan creation, application, appraisal, processing, approval, disbursement and repayment tracking functionalities.

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