About
microfinance
According to the United Nations, 2.7
billion people – almost half of the world
population – struggle to live on less than
$2 per day. One-third of those people battle
to survive on only $1 a day. Microfinance
addresses this problem by providing small-scale
financial services to the poor, primarily
in the form of credit, savings and insurance.
Microloans enable microentrepreneurs to
acquire working capital, equipment, tools,
materials, inventory or other means to start
or expand income-producing businesses.