With the help of microfinance,low-income entrepreneurs can borrow money at competitive rates without having to put anything up as collateral.

Question

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Microfinance institutions specialize in providing small loans to low-income individuals who do not have access to traditional banking services. These loans often do not require collateral and have low interest rates, making it easier for entrepreneurs to access the funds they need to start or grow their businesses. Microfinance programs have been successful in reducing poverty and promoting economic development in many countries around the world.

With the Help of Microfinance,low-Income Entrepreneurs Can Borrow Money at Competitive