Micro Finance is for Business People

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Microfinance > Forum > Micro Finance is for Business People

Micro Finance is for Business People
Luisa Pineda Martinez, Professor, Guatemala, Member
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
 

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Micro Finance Should not Be Tagged!
Mesfin Raji, Business Consultant, Ethiopia, Member
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!
 

 
Financial Inclusion
Luisa Pineda Martinez, Professor, Guatemala, Member
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.
 

         
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