Microfinance for Entrepreneurs & Small Businesses
4:21
Study.com
Microfinance for Entrepreneurs & Small Businesses
Microfinancing refers to the process of offering loans, credit, and services to economically disadvantaged portions of societies, like women in developing nations. Explore the uses of microfinancing by institutions to enable entrepreneurs and small businesses to expand, elevating themselves out of poverty.
1.8K viewsNov 16, 2014
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Many loaning companies start loaning purely for the profit, or end up striving more for profit because the company system causes employees to value outcomes over ethics. While the lending system is flawed, microfinance was developed as a way to combat this with its focus on the clients and courses to help them support their businesses. #loans #microfinance #smallbusiness #finance #loan #financialliteracy #education
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