Midland Microfin Limited

BLOGS

WHAT IS MICROFINANCE?

Microfinance is not just about money; it’s about empowerment. Imagine being a rural entrepreneur with a dream but lacking the financial means to turn it into reality. That’s where microfinance steps in. It’s a set of financial services – think small loans, savings accounts, insurance – designed specifically for lowincome households who traditional banks often overlook.

HOW MICROFINANCE WORKS:
KEY CONCEPTS AND MECHANISMS

Microfinance is more than just lending money; it’s about building a sustainable future for communities. Here’s a closer look at how it works: