Site icon VipsPatel

Concerns Regarding the Microfinance Industry’s Practices

Concerns Regarding the Microfinance Industry’s Practices

Concerns Regarding the Microfinance Industry’s Practices

While these interest rates are generally lower than those offered by normal banks, some opponents of this concept raise concern that microfinance operations are making profits off of the poor. Not all funds provided through microfinancing are used for productive activities; some may be used for covering needs, such as food and shelter.

Read more here Microfinance video

Exit mobile version