Microfinance is a powerful financial tool that has transformed the lives of millions, especially in developing countries. By providing small-scale financial services to individuals and small businesses who lack access to traditional banking, microfinance has become a catalyst for economic empowerment, poverty reduction, and social change. In this blog post, we’ll dive deep into the world of microfinance, exploring its essential aspects, sharing inspiring examples, and highlighting its impact on the global stage. What is Microfinance? What Microfinance Means? Microfinance is a financial service designed to provide small loans, savings accounts, insurance, and other basic financial products to individuals and small businesses with low incomes and limited access to formal…