Tuesday, November 19, 2013

Micro-finance

Micro-finance is a movement underway that provides better financial services to people that banks don't serve. Micro credit is a big part of micro-finance. Micro credit or small loans are amounts of money that people borrow all around the world. Loans are used for small businesses, homes, schools, or other opportunities for people to better there lives. Micro-finance institutions also deal with insurance and savings. Micro-finance is very helpful to people in poverty but it is not a complete solution.       

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