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How One Woman Is Changing Business Lending In Africa

How One Woman Is Changing Business Lending In Africa

A vast majority — 85% — of micro through medium size enterprises in emerging markets suffer from a lack of access to credit, according to the International Finance Corporation and McKinsey. When an African female entrepreneur can’t borrow money, she must rely on her own limited savings to invest in her business, which limits her prospects.Some would think this is an insurmountable problem, but not Kate Woska, an entrepreneurial bank analyst who wanted to do good.

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