Explain the role of micro-credit in meeting credit requirements of the poor.

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Meetali Gaur

6 years of experience in teaching

Microcredit means providing small loans. It provides support to the entrepreneur. Many people are illiterate and because of the long procedure of paperwork loans, they are unable to take advantage of that. So Microcredit provide small loans to entrepreneurs without not that much paperwork, just to eradicate...
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Microcredit means providing small loans. It provides support to the entrepreneur. Many people are illiterate and because of the long procedure of paperwork loans, they are unable to take advantage of that. So Microcredit provide small loans to entrepreneurs without not that much paperwork, just to eradicate poverty. read less
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