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Journal Articles
Journal of Asia Business Studies (2013) 7 (1): 57–67.
Published: 11 January 2013
... deal with a pawnbroker – most convenient for raising money for emergency needs. Pawnbrokers keep their office open at least for 14 hours a day and work on all 365 days. Thus, total cost of borrowing from the formal large institutions may turn out to be comparable to the price charged by informal...

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