What are micro finance loans? #loans #shorts #microfinance

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In India, microfinance loans are generally given to lower-income groups. Micro-finance loans are given by Microfinance institutions (MFIs), NGOs, SHGs (Self-help groups) banks, and small finance banks. they operate in the deepest districts of India to cater to the needs of the lower-income segment.
#microfinance #loans #shorts
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