Post
Topic
Board Economics
Re: Does microfinance actually work?
by
X-ray
on 25/05/2025, 01:27:51 UTC
It will be helpful as long as the interests isn't predatory.

After all, certain class of people does really need a more simplified access to capital but I think it will still face the difficulty that traditional banking has which is risk of defaults and so on.

Personally I don't think the statement that micro finance has lower interests than traditional banks is true, the business itself has higher risk, how come they have lower interests.