Investing in global Microfinance ... responsAbility
What is Microfinance? Microfinance (mf) provides financial services for poor but economically active people in developing and transitioning countries.
Access to credit and other financial services is crucial in development terms, since it promotes micro-entrepreneurial activity, which contributes towards the end of creating a stable and sustainable income stream.
Unlike people in industrialised nations, access to financial services for these people is difficult to manage owing to a lack of adequate collateral.