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In June 1941 Adolf Hitler broke the non-aggression pact signed in 1939 by Germany and the Soviet Union when he invaded Russia with an army of more than three million men, 7,000 artillery items, 3,000 tanks, and 2,500 aircraft [supply: History]. Joseph Stalin, taken by shock, discovered his military overwhelmed by the German onslaught. During the first week of the invasion there have been 150,000 casualties among Soviet troops, and by October that year, German troops had taken 3 million Soviet prisoners of conflict [supply: Rees]. German troops reached Moscow by December 1941, however the war was taking longer than anticipated — clothes, food and medical provides had been carrying thin. When Soviet troops struck again hard to keep Moscow from falling, the Nazis didn’t take Moscow.
Microfinance has been lauded by many, as it is a clear passage to end the cycle of poverty, aid the marginalised sections, lower unemployment, and enhance their earning energy. However, it has additionally obtained criticism from sure corners, as it was argued that microfinance actually makes poverty worse. The fact that some borrowers of microfinance use these loans to repay their present debts or fund their fundamental necessities reinforce these arguments.
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