Essays on Microfinance

Digitalization is rapidly changing how individuals access financial services and interact with financial service providers. The spread of mobile technology has paved the way for a new era of financial services in many countries. Technology enabled businesses allow people to perform many basic transactions, such…

Strategic Management Microfinancing is when financial services such as loans are offered up to the poor population that do not have access to traditional banking practices. In terms of the case, microfinance involves a small loan with a high rate of interest. It lends itself…

As per World Bank’s report issued in 2018, 783 million people out of 4560 million of Asia are extremely poor who are living below the poverty line of US $1.9 a day. Poverty solely describes the economic stability of any country. Through Poverty lifelong troubles…

In the present scenario, Microfinance has become a very popular mode of financial- service in economically developing countries and India is not an exception to that. The loans offered by Commercial Banks to the poor have many limitations including lack of security and high operating…

Microfinance is a banking service provided to low-income or unemployed individuals and groups who have limited access to financial resources. One of its main features is a loan given without security. “Its goal is to provide impoverished people with an opportunity to become self-sufficient and…

Microfinance, as an essential financial resource in emerging countries as well as a developing country also referred to as micro-credit. The term corresponds to a low amount of credit destined to people with little or even no income and provides entrepreneurs and small business owners…

Microfinance empowers financially underserved people to invest in their own businesses which therefore leads to an overall development of the country. Microfinance in Pakistan targets business growth by giving loans to small businesses and entrepreneurs. Recently, Microfinance has been one of the improving sectors in…

Microfinance is a concept introduced to Albania by the international community as one of the best and most innovative ways in the period of the socio-economic crisis faced by the country in the first years of transition. The first 100 microcredits earning $ 20,000 were…

Micro finance is a vital tool to cater to income and level of living of the people both in urban and rural area. In spite of the exceptional increase in the physical outreach of formal credit institutions in the past several decades, the rural poor…