Do you see microfinance as a sustainable solution to poverty reduction?

Do you see microfinance and microcredit as a sustainable solution to poverty reduction?

Experience shows that microfinance can help the poor to increase income, build viable businesses, and reduce their vulnerability to external shocks. It can also be a powerful instrument for self-empowerment by enabling the poor, especially women, to become agents of change, not just economically, but also socially as they emerge as leaders in their community.

Income generation from a business helps not only the business activity expand, but also contributes to household income and its attendant benefits of food, security, children's education, etc.

Research has revealed the extent to which the poor are vulnerable to shocks such as the illness of a wage earner, weather, theft, or other such events. These shocks place a huge burden on the limited financial resources of a family, and can drive a family deeper into poverty if they do not have access to financial services like credit, insurance and savings.

Research has revealed the extent to which the poor are vulnerable to shocks such as the illness of a wage earner, weather, theft, or other such events. These shocks place a huge burden on the limited financial resources of a family, and can drive a family deeper into poverty if they do not have access to financial services like credit, insurance and savings.
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Ben 10 Games