Poverty still exists in many countries. The best way we can curb poverty is through Microfinance. Microfinance is similar to banking service; it is provided mostly to those who are unemployed or those who have very low income. Many organizations help rural entrepreneurs by lending loan at a very low-interest rate. The main aim of microfinance is to pave a way for the poor people to learn their living. Many Microfinance institutions or companies provide financial literacy along with microcredit help to the people to have a better understanding.
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