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All expenses not directly related to the core microfinance
operation, such as the cost of providing business development services or training (unless an MFI includes training as a requirement for receiving loans). This may also include extraordinary expenses, which are *one-time expenses* incurred by an MFI that are not likely to be repeated in coming years.
MFI = microfinance institution
2007-02-09 20:42:19 · 5 answers · asked by Ron 1 in Education & Reference ➔ Words & Wordplay
Expenses incurred once, as in not recurring
2007-02-09 20:45:30 · answer #1 · answered by Anonymous · 0⤊ 1⤋
I think examples might include cost of a site survey if the MFI were refurbishing its offices, or in some cases legal costs if there were a suit filed against it.
2007-02-09 20:56:52 · answer #2 · answered by Matt G 2 · 0⤊ 1⤋
Any expense which is not directly related to the core micro finance operation will be paid only once
2007-02-09 21:12:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋
only happen one time... so that it isn't a recurrent expense/cost.
2007-02-09 21:07:50 · answer #4 · answered by Angie28 4 · 0⤊ 0⤋
You only have to pay it once.
2007-02-10 00:15:07 · answer #5 · answered by sunny 3 · 0⤊ 0⤋