Microfinance is a fascinating and empowering innovation in finance, and essentially deploys the power of the market to help people help themselves. The main point is to turn the job seekers into job creators.
The 21st century opens a new era and dimension for the Microfinance sector, providing new business and efficiency opportunities. Leveraging the internet and Microlending platforms are born.Many organizations are now using their website as a main tool to help people around the globe, whether it`s in developed or in developing countries.
The focus is not only on microbusiness, but also on students, green Microfinance, rural and agricultural finance, innovators who have bright ideas or scientific research.
What does the future hold for Microfinance and where do we go from here? No one knows. But there is definitely one thing we know: Microfinance is changing peoples lives along the way.