Sunday, September 13, 2009
Microfinance Definition
Microfinance is the offer of financial & non-financial services to
people excluded from the traditional banking system.
The services are adapted to the needs of the target populations
Microfinance is a tool against poverty by enabling the beneficiaries to :
Create sustainable activities to increase their incomes
Reduce external shocks
Improve the living conditions of entrepreneurs and of their families
Empower people and mainly the women
people excluded from the traditional banking system.
The services are adapted to the needs of the target populations
Microfinance is a tool against poverty by enabling the beneficiaries to :
Create sustainable activities to increase their incomes
Reduce external shocks
Improve the living conditions of entrepreneurs and of their families
Empower people and mainly the women
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