Microfinance financial Inclusion | माइक्रोफाइनेंस वितीय समावेशन | IQIP | Sunil abhivyakti | UPSC |

Описание: Microfinance financial Inclusion | माइक्रोफाइनेंस वितीय समावेशन | IQIP | Sunil abhivyakti | UPSC |

Microfinance is also called
microcredit .
● It is a type of banking service
provided to impoverished
borrowers (low-income
individuals or groups) who
otherwise would have no other
access to financial services.
Loans given as microcredit are
often given to people who
may lack collateral, credit
history, or a steady source of
income.
● The goal of microfinance is
to ultimately give
impoverished people an
opportunity to become
self-sufficient.

#iasofficer #IQIP #thehinduaditorial