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Step 5: If approved by MDFAB, request will be sent to State Controlling Board for approval and disbursal of State funds.
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Because these loans have such short terms to maturity, the cost of borrowing, expressed as an In return for the loan, the borrower usually provides the lender with a check or debit authorization for the amount of the loan plus the fee.
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* 3-5 years of work experience in the humanitarian or development sector with progressive management and decision-making responsibility, including 2-3 years of international experience implementing cash and/or voucher activities.
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