Income Generation

January 30, 2010

Microfinance

Filed under: Uncategorized — admin @ 11:19 pm

http://www.enterweb.org/microcre.htm

This site has a comprehensive lists of Microfinance sites. Microfinance is the provision of financial services to low-income clients, including consumers and the self-employed, who traditionally lack access to banking and related services.

More broadly, it is a movement whose object is “a world in which as many poor and near-poor households as possible have permanent access to an appropriate range of high quality financial services, including not just credit but also savings, insurance, and fund transfers.”[1] Those who promote microfinance generally believe that such access will help poor people out of poverty.

1. Robert Peck Christen, Richard Rosenberg & Veena Jayadeva. Financial institutions with a double-bottom line: implications for the future of microfinance. CGAP Occasional Paper, July 2004, pp. 2-3.

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