What is meant by “Microfinance” ? #moneywiseminutiae

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What is meant by “Microfinance” ?
55. The term "microfinance" refers to providing financial services, such as small loans and savings accounts, to low-income individuals and communities.

#microfinance
#microfinancenews
#finanace
#loan
#savings
#lowincome
#moneymanagement
#financialeducation
#economics
#shorts
#ytshorts
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