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
Microfinance is a general term to describe financial services to low-income
individuals or to those who do not have access to typical banking services.
is the brainchild of Bangladeshi economist and banker Muhammad Yunus, who received the 2006 Nobel Peace Prize for this innovation. Microfinance
involves the lending of small amounts (often as little as $100) to spur the development of small businesses in p... More »
We believe that microfinance is a sustainable means of poverty alleviation
leading to lasting, holistic development. Financial tools and training empower ...
What is microfinance? show more ... Who are microfinance clients? show more ...
Why are interest rates higher in microfinance loans than in traditional banking?
3 days ago ... Comprehensive online resource for the global microfinance community. It
includes research and publications, feature articles, organization and ...
Show What is Microfinance? How Does it Relate to Financial Inclusion?
Microfinance is the provision of financial services to low-income people. The
definition of ...
Microfinance refers to a variety of financial services that target low-income clients,
particularly women. Since the clients of microfinance institutions (MFIs) have ...