Question: Explain the difference between microfinance and microcredit. Discuss in detail the role of microfinance in help the poor to improve their living standard.

Explain the difference between microfinance and microcredit. Discuss in detail the role of microfinance in help the poor to improve their living standard.

Step by Step Solution

3.40 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Microcredit is only one component of Microfinance While microfinance is the process of extending fin... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1019-B-C-A-S-S(892).docx

120 KBs Word File

Students Have Also Explored These Related Cost Accounting Questions!