What Is Microlending?
Introduction to MicrolendingDefinition of MicrolendingMicrolending refers to the practice of providing small loans, typically ranging from a few hundred to several thousand dollars, to individuals and small businesses that do not have access to traditional financial services.Often viewed as a powerful tool for economic development, microlending aims to empower entrepreneurs by providing them with the necessary capital to grow their ventures.This financial service is especially crucial for margin