Micro Finance - Definition, Features & Significance

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2024-10-23 07:21:26 -

Microfinance refers to the provision of financial services to low-income individuals or those without access to traditional banking services. The primary goal of microfinance is to offer basic financial tools such as loans, savings accounts, insurance, and other services to underserved populations, typically in developing countries. This concept has proven vital for empowering individuals,...

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