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Microfinance is the provision of financial services to individuals and small businesses, particularly those with low incomes and limited access to conventional banking and related financial services. It encompasses services such as microcredit, savings, checking accounts, microinsurance, and payment systems.
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financial poor credit institutions loans services people money women microcredit isbn also bank small savings loan social poverty capital interest
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Microfinance | is a | provision of financial services to individuals and small businesses | 0.90 | text |
| Microfinance | is a | Global Microscope on the Microfinance Business Environment | 0.90 | text |
| microcredit | instance of | It encompasses services | 0.80 | text |
| savings | instance of | It encompasses services | 0.80 | text |
| checking accounts | instance of | It encompasses services | 0.80 | text |
| microinsurance | instance of | It encompasses services | 0.80 | text |
| and payment systems.Modern microfinance developed in the 1970s | instance of | It encompasses services | 0.80 | text |
| particularly through the work of Muhammad Yunus | instance of | It encompasses services | 0.80 | text |
| the Grameen Bank in Bangladesh | instance of | It encompasses services | 0.80 | text |
| although its historical roots extend to earlier cooperative lending | instance of | It encompasses services | 0.80 | text |
| savings initiatives in Europe | instance of | It encompasses services | 0.80 | text |
| offices | instance of | because the cost of making each loan cannot be reduced below a certain level while still allowing the lender to cover costs | 0.80 | text |
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