Karera Dairy Cooperative, from Flickr user elfrank70

WHAT is microfinance?

" 'Microfinance' is financial services for poor people.

These financial services are provided by “microfinance institutions” (MFIs), a generic term that encompasses an estimated 10,000 diverse entities such as commercial banks, NGOs, credit unions, finance companies, etc. These services include providing business and housing loans, insurance, pensions, and deposits."

                               Complete Definition from MicroCapital.org

This guide serves as a starting point for finding research resources on microlending, both pros and cons, for ENG-112. The guide covers how to find books, articles, and web sites related to microfinance, microlending, and Muhammad Yunus. As always, if you have any questions or need help with your research, please contact us.