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What is Role of Microfinance Institutions Introduction about?
Microfinance Institutions (MFIs) play a crucial role in promoting financial inclusion and economic empowerment for low-income groups by providing accessible financial services and non-financial support. They help bridge the gap between marginalized populations and formal financial systems, fostering entrepreneurship and community development. However, challenges such as high interest rates and sustainability concerns necessitate a critical evaluation of their impact on business development and economic grow
- Author
- jhareel07
- Language
- EN