The maximum amount that microfinance institutions can lend varies significantly depending on the country, the institution's policies, and the specific needs of borrowers. Typically, microloans range from as little as $100 to several thousand dollars, with some institutions offering loans up to $50,000 or more for larger businesses. However, microfinance primarily targets low-income individuals and small enterprises, so loans are generally smaller compared to traditional banking. Regulations and funding sources also play a critical role in determining lending caps.
bank can lend amount equal to its excess reserves
Microfinance Insights was created in 2006.
Microfinance Focus was created in 2006.
SKS Microfinance was created in 1998.
Pride Microfinance Limited's population is 2,009.
Pride Microfinance Limited was created in 1995.
The population of UGAFODE Microfinance Limited is 96.
UGAFODE Microfinance Limited was created in 1994.
The population of UGAFODE Microfinance Limited is 2,011.
Microfinance Information Exchange was created in 2002.
National Microfinance Bank was created in 1997.
The population of National Microfinance Bank is 2,010.