Micro Finance
Today’s show is about Micro Finance, defined in Wikipedia as…
Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurship. These individuals lack collateral, steadyemployment and a verifiable credit history and therefore cannot meet even the most minimal qualifications to gain access to traditional credit. Microcredit is a part ofmicrofinance, which is the provision of [...]
