Philanthropy Impact

Inspiring philanthropy and social investment across borders, sectors and causes

Microfinance

Glossary item: Microfinance - Definition

A term for financial services aimed at micro-enterprises, sole traders and individuals, usually in under-invested communities, including small loans, savings facilities with no (or a very low) minimum deposit and other low-cost financial services such as insurance, money transfers or paying bills. See chapter in A Guide to Giving.

 

This glossary item is tagged under:

  • International giving
  • Social investment