Microfinance can be defined as “banking the unbankable”. It refers to bringing financial services such as credit, savings and loans to the poor who are often not served by the formal banking system due to their inability to provide collateral or some form of security and therefore are seen as being a higher risk group for banks.
Full document: Role of microfinance insupporting small businesses- Policy Note-January 2013
The attention of the world is on meeting the Sustainable Development Goals (SDGs).
SPI, in solidarity with those in need, demands action on the following critical SDGs:
A feminist think tank that advances a just society through innovative social policy initiatives that affirm African values.
