Financial Services November 2008

Microfinance on the Rise

A Socially Inpsired Business Model about to Emerge into an Asset Class

Microfinance on the Rise

Microfinance on the Rise

Microfinance has already reached millions of households worldwide. This practice of extending small loans to very poor people for self-employment projects does not limit itself to developing countries but can also be found increasingly in European countries. As a result of the unmet demand for microfinance, this looks set to emerge as a significant new asset class.

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