Microfinance: Global Economic Impact and Opportunities

September 27, 2013

Microfinance has quickly become one of the more important means for developing nations to improve the quality of life for impoverished citizens. While the global economic impact of microfinance is met with mixed evidence and growing concern, a case can be made that microfinance positively supports the United Nations goal of global financial inclusion. It can also improve the socioeconomic conditions of individuals and groups of persons around the globe living in poverty that are seen as undesirable candidates for more traditional forms of loan assistance; particularly women.

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