Micro Finance is for Business People

Microfinance
Knowledge Center

 

Next Topic

Microfinance > Best Practices

Luisa Pineda Martinez, Guatemala
Microfinancing (MF) is for entrepreneurs, business people. Sometimes MF gets mixed up with gifts. However it's important to get the money back. We should select small business enterpreuners, the mindset about business is the clue to succesful MF. Beneficiaries should be clear that the money must be returned to be able to help other businesspeople. Thanks for sharing your ideas and builds on this. (...) Read more? Sign up for free

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


  Mesfin Raji, Business Consultant, Ethiopia
 

Micro Finance Should not Be Tagged!

I understand why Luisa mentioned "entrepreneurs". However, there are people who are in need of MF while they don't have entrepreneurship skills. All we have to say is MF should better serve the society along with the necessary technicality! Equipping with know how!

  Luisa Pineda Martinez, Guatemala
 

Financial Inclusion

Greetings, Mesfin. In these cases, there should be a training process before, or simultaneously to grant or lent the help. There should be persons who need not to be trained to manage funds. The matter is to let the beneficiaries to grow by themselves through a microfinance. Cordial saludo.

 
More on Microfinance
Summary
Forum
🔥PROs and CONs of Microfinance: An Overview
Problems with Microfinance: Beneficiaries Lack Financial Expertise
Microfinance Types: Group and Individual Lending
Best Practices
🥇What is Financial Inclusion?
🥈Accreditation in Microfinance / Financial Inclusion
🥉Disadvantages of Microfinance / Microloans. Risks
What is Poverty Reduction in Development Economics?
History of Microfinance
Microfinance Counseling is Necessary
Middle Class is Key for Improving Quality of Life
Micro Financing Helps
Using Post Offices Towards Microfinancing
Micro Finance is for Business People
Recent Microfinance Trends
Micro Finance for Persons with Disabilities
Is Microfinance a Success?
Microfinance & Microcredit Need Kind-hearted People
Microfinance Needs Trust
During its Evolutionary Path, Microfinance is Getting More Expensive...
Microfinance Impact on Rural Development
Microfinance for Housing (MFH)
Microfinance Research and Intelligence
Non-interest Banking
Taxation of Microfinance Institutions
Influence of Economic Crisis on Microfinance
Management and Business Coaches Needed in Microfinance
Microfinance Challenge: Solvency of the Borrowers
Exclusion of Conventional Commercial Banks from Establishing Micro-finance Banks
What is the Best Way to Manage Microfinance in Sudan?
Special Interest Group Leader

Are you an expert in Microfinance? Sign up for free


Microfinance
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.6 - Last updated: 29-9-2020. All names of their owners.