Answer to Question #216352 in Finance for zuby

Question #216352


Differentiate micro credit and micro finance? identify the major reason growth microfinance


1
Expert's answer
2021-07-26T23:03:01-0400

Microcredit is a modest lending facility offered to persons with low incomes in order to encourage them to start their own business. Microfinance refers to a variety of financial services offered to small businesses and entrepreneurs who are unable to use banks for banking and other services.



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