A type of banking service that is provided to unemployed or low-income individuals or groups who would otherwise have no other means of gaining financial services. Ultimately, the goal of microfinance is to give low income people an opportunity to be...
Microfinance is a source of financial services for entrepreneurs and small
businesses lacking access to banking and related services. The two main
Opportunity focuses on microfinance as a sustainable means of poverty reduction
. Help empower entrepreneurs and transform communities around the world.
Our Field Partners are nonprofit organizations, microfinance institutions, schools,
social enterprises and more. Many provide services with their loans, such as ...
Microfinance is a type of banking service that is provided to unemployed or low-
income individuals, or groups who otherwise have no other access to financial ...
Microfinance FAQs. What is microfinance? show more. show less .... Why are
interest rates higher in microfinance loans than in traditional banking? show
"Microcredit, or microfinance, is banking the unbankables, bringing credit,
savings and other essential financial services within the reach of.millions of.
Microfinance is the provision of financial services to low-income people.
Microfinance has built a solid track record as a critical tool in the fight against
poverty and has entered the financial mainstream. The rapid growth of the
Microfinance Opportunities is a global non-profit committed to understanding the
financial realities of low-income households. We work with financial service ...