Microfinance: Offers financial services for low-income individuals without

Microfinance offers financial services for low-income individuals without traditional banking. Learn its types, features, objectives, benefits & how microfinance in India works. Learn about the history, growth, and challenges of the microfinance sector in India, which provides financial services to the underserved and marginalized populations. Explore the different types of microfinance lenders, the regulatory framework, and the government initiatives to support the sector. Microfinance is a financial strategy to provide small loans, savings, and insurance services to individuals in underserved communities. It empowers entrepreneurs, fosters financial inclusion, and breaks the cycle of poverty by offering accessible and tailored financial solutions. Learn what microfinance is, how it works, and why it is important for poverty alleviation and economic development. Explore the different types, features, advantages, and disadvantages of microfinance with examples and sources.