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What is micro-financing?

Updated: 7/11/2023
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Microfinancing is the provision of financial services to low-income clients, including consumers and the self-employed, who traditionally lack access to banking and related services

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What type of business owner would benefit from microfinancing?

Small business owners are the ones who benefit from microfinancing, particularly those operating a business from their homes and are in need of very small, or micro, amounts of capital to invest. Microfinancing has proven effective in many countries in the developing world.


What is 'micro-financing'?

Microfinancing is the provision of financial services to low-income clients, including consumers and the self-employed, who traditionally lack access to banking and related services


What peer to peer microfinance websites are available to people with low credit scores?

The website that I have listed below is an excellent resource for figuring out the specifics of peer to peer microfinancing before you find specific organizations that will support the peer to peer microfinance. http://www.policyinnovations.org/ideas/innovations/data/000177


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