Overview
Microfinance is a powerful tool that provides financial services to individuals who are often excluded from traditional banking systems. It plays a vital role in empowering women by giving them access to small loans, enabling them to start businesses and improve their economic status. This empowerme...
Key Terms
Example: A woman receives a microloan to start a tailoring business.
Example: Microfinance aims to promote financial inclusion for women.
Example: Women entrepreneurs often use microfinance to launch their ventures.
Example: Microfinance can have a positive social impact by empowering women.
Example: Microfinance promotes gender equality by supporting women.
Example: Training programs help women build capacity to manage their businesses.