Role of microfinance in supporting small businesses- Policy Note-January 2013
Microfinance can be defined as “banking the unbankable”. It refers to bringing financial services such as credit, savings and loans to the poor who are often not served by the formal banking system due to their inability to provide collateral or some form of security and therefore are seen as being a higher risk group for banks.
Full document: Role of microfinance insupporting small businesses- Policy Note-January 2013
