Monday, August 25th, 2008

what is the microfinance main objectives, history, and values?


Microfinance is making small loans to the very poor. It is generally done to encourage business development in very poor communities. It started being a significant movement with ACCION and Muhammad Yunus as two pilot projects in the 1970s. The post WWII Marshall plan included some microcredit aspects.

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2 Responses to “what is the microfinance main objectives, history, and values?”

VaTreasures Says:
January 4th, 2006 at 6:39 am

Microfinance is making small loans to the very poor. It is generally done to encourage business development in very poor communities. It started being a significant movement with ACCION and Muhammad Yunus as two pilot projects in the 1970s. The post WWII Marshall plan included some microcredit aspects.
References :
http://en.wikipedia.org/wiki/Microfinance

green Says:
March 26th, 2006 at 2:35 am

GM to Katee
References :

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