Microfinance market - Top PR News

Microfinance Market to Grow with a CAGR of 12.05% Globally

27th December 2023 - by Top PR News

The global microfinance market continues to grow, offering financial services to underserved populations, fostering economic empowerment, and supporting sustainable development in emerging economies. Innovation and digitalization drive its expansion. According …

Microfinance institutions (MFIs) were developed to provide smaller credit facilities than larger financial institutions like banks. This is because, most times, individuals with lesser economic means cannot meet the criteria of these other institutions. These people sometimes have no access to banking institutions due to their location.

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Why Micro financing Is Important to Small Businesses?

8th September 2022 - by Top PR News

Microfinance institutions (MFIs) were developed to provide smaller credit facilities than larger financial institutions like banks. This is because, most times, individuals with lesser economic means cannot meet the criteria …