Microfinance in Tourism

Microfinance in tourism involves providing small-scale financial services—such as loans, savings, or insurance—to local entrepreneurs and small businesses within the tourism sector. This enables individuals like artisans, guides, or small accommodation providers to afford necessary resources, improve services, or expand their operations. By boosting local enterprises, microfinance helps create more authentic, diverse tourism experiences while empowering communities economically. It also encourages sustainable development by supporting small-scale tourism ventures, fostering inclusive growth, and reducing reliance on large external investments.