30
Aug
You can see the presence of microfinance in every part of the world. It is a crucial cog in the wheel that aims towards providing financial inclusion. It is available in affordable financial products that are not limited to credit cards or personal loans. Instead, it is available in other products, including fixed deposits, savings, and other banking services. It is the one by which the economy achieves overall development. The broadest and accepted definition of microfinance loans states the credit reference to the unemployed people or those who received minimum wages as their salary. The institution that participates in…