Microfinanzas

Microfinanzas, or microfinance, refers to providing small financial services—like loans, savings accounts, and insurance—to individuals or small businesses who lack access to traditional banking. This often includes entrepreneurs in low-income communities, enabling them to start or grow businesses, improve their livelihoods, and promote economic development. Microfinance aims to empower underserved populations, promote financial inclusion, and reduce poverty by offering accessible, affordable financial products tailored to their needs. It is a vital tool for fostering economic resilience and social progress in marginalized communities worldwide.