Asian pacific microcredit
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Asia Pacific Microfinance Forum
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15 Apr Greater Focus on the Poor Key to Effectiveness of Microfinance in Asia and the Pacific; Microfinance refers to the concept of providing poor and.
Description:Institutions which give out small loans, especially to low income individuals and also, to collectives are termed micro-finance institutions MFIs. The beneficiaries of these loans are primarily women comprising of the economically disadvantaged sections. There are three main delivery channels for micro-finance services in India: Microfinance is no longer limited to just providing loans. In fact, the microfinance sector has traversed a long journey from micro savings to micro credit and then to micro enterprises and now entered the field of micro insurance, micro remittance and micro pension.