About this document
Understanding Microfinance and Its Impact by Raymundo Garza Garza is a document available to read on EtoBox.
Microfinance helps the poor by encouraging entrepreneurship and increasing income, which reduces poverty. It empowers poor people by improving access to education and health. Microfinance clients are typically low-income individuals without access to formal financial institutions, including self-employed people and micro-business owners. Microfinance institutions deliver financial services and include non-profits, credit unions, commercial banks, and state-owned development organizations.
- Author
- Raymundo Garza Garza
- Language
- EN