Marketing S.S.S 2 Third Term

WEEK 6

Roles of Facilitators Vl

Performance Objectives

Students should be able to:

1. State the meaning of microfinance.

2. Explain the roles of facilitators in microfinance.

Content

i. Microfinance

ii. Roles of facilitators in microfinance.

Meaning of Microfinance

Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other branches. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.

Microfinance, also called microcredit​, is a type of banking service provided to unemployed or low-income individuals or groups who otherwise would have.... View More