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What is Micro finance,

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Question added by Muhammad Bilal , Security Supervisor , Jumeirah International LLC
Date Posted: 2015/04/12
Haris Junaid
by Haris Junaid , Senior Consultant , KPMG Lower Gulf

Micro Finance is smaller level of financing to support the people of backward areas for starting their own business and earning their livelihood through the process of capacity building. People are provided with smaller amount loans for livestock, agriculture and business purposes to make use of their skills and expertise to contribute towards the eradication of poverty in the developing and underdeveloped areas.

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