Problems with Microfinance: Beneficiaries Lack Financial Expertise

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Problems with Microfinance: Beneficiaries Lack Financial Expertise
Emmanuel Daniel., Student (University), Tanzania, Member
Microfinance provides the poor with access to funds, but the beneficiaries are not well empowered to use them, due to a lack of financial skills and knowledge. The LACK OF FINANCIAL EDUCATION is the biggest challenge facing the poor. Poor people lack access to finance due to having poor resources. The financial institutions have to be shaped or structured not only in response of the needs of the poor but also account their resource capabilities and mostly considering the institutional sustainability....Sign up

Problems with Microfinance: Government must Provide Enabling Environment
Majoyeogbe Samson, CEO, Nigeria, Member
It is all about provision of financial services to the active poor, majority of them illiterate. To record any tangible success, there is the need for...Sign up


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