Poor and weaker sections of the society
Microfinance primarily targets the poor and weaker sections of society, providing them with access to financial services that they typically lack. This approach aims to alleviate poverty by enabling entrepreneurship and self-sufficiency. According to the Microcredit Summit Campaign, over 140 million people globally benefit from microfinance, with a important focus on women, who often face greater barriers to financial inclusion.
This Question is Also Available in:
हिन्दी