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Microfinance

Microfinance

Microfinance is a type of financial service that helps entrepreneurs with low incomes, whose needs are often not well met by traditional commercial banks. These services include microcredit, which is the giving of small loans without collateral, as well as savings, insurance, money transfers, and other basic financial services.

Micro, Small and Medium Enterprise (MSME)

MSME stands for Micro, Small, and Medium Enterprises. The Micro, Small, and Medium Enterprises Development (MSMED) Act, which was passed in 2006, d...

The Gates Foundation

The Bill and Melinda Gates Foundation is one of the world’s largest private philanthropic organizations. Founded in 2000 by Bill and Melinda Gates,...

Community Development Finance Institutions (“CDFIs”)

CDFIs are private financial institutions with a mission. They provide credit and other financial services to underserved markets and people in orde...

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