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The disadvantages of funds from foreign donors in the structure of financial resources of microfinance institutions should also include their relative instability, manifested, in particular, at the beginning of the global financial crisis of 2008 .
If the account is short on funds to cover the check, the borrower may now face a bounced check fee from their bank in addition to the costs of the loan, and the loan may incur additional fees or an increased interest rate (or both) as a result of the failure to pay.
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These factors make certain options more favorable than others in terms of the type of financing needed.
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While a loan is outstanding, lenders would need to furnish any update to information previously furnished pursuant to the rule within a reasonable period of time following the event prompting the update.
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