Microfinance

1. Financial services - inclusion.

The provision of financial services to otherwise financially excluded individuals and communities, through small scale and collective structures and institutions.

Particularly in developing countries.

2. Credit - inclusion.

The provision of small loans on a similar basis.

Also known as microcredit.

See also

• Bank
• Bank account
• Basic bank account
• Credit creation
• Current account
• Deposit account
• Financial exclusion
• FINCA
• Inclusion
• Non-bank financial intermediaries (NBFIs)
• Social project
• Unbanked