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MICROFINANCE

Microfinance is defined as the provision of financial services – in particular funds – to businesses and entrepreneurs lacking access to banking and liked services. The delivering of credit is realized through individual relationship with the individual or based on groups applying together for a loan. Over time, microfinance has emerged as a larger movement, enabling more a more people to gain access to financial services including not just credit but also savings, insurance and payment services. Microfinance is also a powerful tool way to promote economic development, employment and growth through the support of micro-entrepreneurs and small businesses. Through the supply of microfinance tools we want to support wellness creation and new prospectives for businesses.