MFIs

It is not difficult to measure why the simplest form of financial service can make a significant difference to a poor family. Lacking these instruments, they remain trapped in a cycle of low financial returns and low incomes. With The supports of World Bank, the implement MFIs could become a positive force for alleviation of poverty. There is a need for alternative financial institutions. Many of the world's poor are farmers, shopkeepers, farmers, small commodity …

…or expand income generating activities of the poor. These small loans can also help raise investments by small farmers and stimulate the development of micro-enterprises. By helping poor families, and especially the women, micro-finance can contribute to income and asset generation of poor people, increase their household food security and become a positive force for alleviation of poverty. Reference: Lecture 14 Book 115, Economic Of Development Manfrad Zeller, 2001 Group-Based Financial Institutions for the Rural Poor in Bangladesh.