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Glossary: Last mile disbursement

Last mile disbursement is the final step in a loan disbursement process when the funds are transferred to the borrower.

Last-mile disbursement is delivering funds to the final recipient, typically as part of a financial transaction or payment process. The term' last mile' is generally used to describe the final step in a process. In the context of disbursement, it refers to the point at which the funds are actually transferred to the recipient.

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