Accounting




Not signed in (Sign In)

Categories



Welcome, Guest

Want to take part in these discussions? If you have an account, sign in now.

If you don't have an account, apply for one now.

Vanilla 1.1.2 is a product of Lussumo. More Information: Documentation, Community Support.

accounting exams









General Accounting Discussions: Mirco-Finance

Bottom of Page

1 to 2 of 2

  1.  
    • CommentAuthorDilawar
    • CommentTimeMay 27th 2007
     
    What is mircofinance? types of microfinance?
    Areas for microfinance?


    thank
    • CommentAuthorMA_UK
    • CommentTimeMay 27th 2007
     
    What is Microfinance?
    Microfinance is the provision of a broad range of financial services such as
    deposits
    loans
    payment services
    money transfers
    insurance to poor and low-income households and their microenterprises

    Types of Sources of Microfinance

    *formal institutions - i.e. rural banks and cooperatives
    *semiformal institutions - i.e. nongovernment organizations
    *informal sources - i.e. money lenders and shopkeepers
    Institutional microfinance includes microfinance services provided by both formal and semiformal institutions. Microfinance institutions are institutions whose major business is the provision of microfinance services.

1 to 2 of 2

  1.