What is microfinance?

Microfinance Defined
Microfinance programmes extend small loans to very poor people for self-employment projects that generate income, allowing them to care for themselves and their families. Within that broad definition, there are many types of microfinance. Find out more about them in this discussion from the Grameen Bank - Bangladesh.

What Are MFIs?
There are many Microfinance Institutions (MFIs) working successfully thoroughout the world. Here are a few stories that describe the positive impact MFIs can have:
Word Bank Program in Vietnam
Catholic Relief Services in Ecuador
Adelante Foundation

Useful Links
The Microfinance Gateway
The MIX Market
The Microcredit Summit Campaign
Virtual Library on Microcredit
Self Help Groups - India