|microfinance definition en francais larousse||2||1||5914||85|
Microfinance is a term used to describe financial services, such as loans, savings, insurance and fund transfers to entrepreneurs, small businesses and individuals who lack access to traditional banking services. Dr. Mohammad Yunus is considered a pioneer of modern microfinance.Is microfinance the answer?
Microfinance is the answer if the cause is the lack of capital or access to capital. However, it is not the case. See here for primary causes of poverty: Microfiannce does not address the main causes of poverty above.What do you know about microfinance?
Microfinance is a category of financial services targeted at individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems.