Question: (i). Explain the rationale for regulating Microfinance Institutions and the objectives for these regulations. (20 Marks) (ii). What are the permissible and non- permissible activities

(i). Explain the rationale for regulating Microfinance Institutions and the objectives for these regulations. (20 Marks)
(ii). What are the permissible and non- permissible activities of microfinance institutions. (20 Marks)

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