microfinance
Microfinance is a financial service that provides small amounts of capital, such as loans, savings, and insurance, to low-income individuals and entrepreneurs who lack access to traditional banking services.
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Related Concepts (3)
Similar Concepts
- crowdfunding
- financial assistance
- financial empowerment
- financial empowerment for marginalized communities
- financial empowerment for women
- financial institutions
- financial literacy
- financial literacy campaigns
- microfinance and entrepreneurship
- microfinance and rural credit facilities
- microfinance programs
- personal finance
- personal loans
- project financing
- public financing