Microfinance

Microfinance is a type of banking service that is provided to low-income or self-employed individuals, or groups who otherwise have no other access to financial services. The goal of microfinance is to provide people without access to formalized banking systems opportunities to save and borrow money. There is a variety of different products and options for customers with limited resources to purchase specific products or to promote participation in productive activities or to support a small business.

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