What is microfinance?

Wednesday, June 16th, 2010

In this month’s GoForth Institute newsletter, we’re answering the question, what is microfinance? Basically, microfinance (also called microcredit or microlending) is a way of providing credit, savings and general banking services to¬† millions of entrepreneurs who may be lacking collateral or a good credit rating. Often, a person thinking of starting a small business just […]