Introduction To Microfinance Course

Microfinance refers to a range of financial services offered to individuals, entrepreneurs, and small businesses unable to access traditional banking. Often, a lack of access is correlated with poverty and other systemic inequalities. Microfinance services enhance access to financial products like loans, savings accounts, insurance, and fund transfers, thereby creating opportunities for growth and stability. Microfinance refers to the suite of financial services offered to individuals, entrepreneurs, and small businesses that are not served by traditional banking. Lack of access is often correlated with poverty and systemic inequality. Microfinance services seek to increase the access to banking and other financial products, such as loans, savings accounts, insurance, and fund transfers, to promote growth and stability.