Microfinance, also called microcredit, is a type of banking service provided to unemployed or low-income individuals or groups who otherwise would have no other access to financial services.
The goal of microfinance is to ultimately give impoverished people an opportunity to become self-sufficient.
Below is the List Of Micro Credit Companies In Ghana
How does a microfinance company work?
Microfinance institutions offer “microloans” to borrowers along with assistance (financing a new business or an expansion plan, paying for urgent family needs, facilitating mobility to obtain a job, etc.), despite the fact that these borrowers do not offer a solid guarantee of repayment.