Microfinance is the provision of financial services to individuals and small businesses, particularly those with low incomes and limited access to conventional banking and related financial services. It encompasses services such as microcredit, savings, checking accounts, microinsurance and payment systems. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Institution Type Emergence Era In the Other Atlases
Originated In
Also in Geography Atlas: where this subject originated.
Source Microfinance (Wikipedia)Lead sectiontier 2Quote, Lead section
particularly through the work of Muhammad Yunus and the Grameen Bank in Bangladesh
Sources
1. Microfinance (Wikipedia)
Wikimedia FoundationLead section
Microfinance is the provision of financial services to individuals and small businesses, particularly those with low incomes and limited access to conventional banking and related financial services.
English Wikipedia, sections text
The origins of microfinancing can be traced back as far as the 1720s in Ireland with the establishment of the Irish Loan Funds under the writer, philosopher, and satirist Jonathan Swift (1667-1745).
Lead, institution-type-category financial-institution
Microfinance is the provision of financial services to individuals and small businesses, particularly those with low incomes and limited access to conventional banking and related financial services.
View the Source Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.