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 Form 4 Business Studies Online Lessons: Money and Banking

Functions of Finance houses

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Answer Text:
Functions of Finance houses:
-They provide short, medium and long term loans to specific sectors of the economy.
-Offer training and supervising services to borrowers.
-Offer technical advice to borrowers to increase productivity.
-initiate and manage projects that open up remote areas in the country.
-Help agro-based industries and businesses to improve their operations.
- To carry out research aimed at improving activities in the sectors.


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