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MICROFINANCE5 MIN READ

Explain Flat Interest Without Losing Trust

Use specific, plain-language explanation to handle a client's confusion about flat interest cost.

Fatima F Repeat borrower S Situation B Behavior I Impact Counter moment 9:20 a.m. The client is confused in public Fatima believes the 2% interest phrase understated what she would repay. Other clients can hear the exchange. The officer has to protect trust and accuracy at the same time. $500 cash received $560 total repayment

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