Microfinance is a category of financial services targeting individuals and small businesses (low-income individuals or groups) who lack access to conventional banking and related services. (Source: Wikipedia) Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services.
Microfinance is a category of financial services targeting individuals and small businesses (low-income individuals or groups) who lack access to conventional banking and related services. (Source: Wikipedia)
Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services.
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