Microfinance is defined as financial services for poor and low-income clients. Microfinance is a movement that will help low income families have access to financial institutions.
Microfinance clients are poor and have low- incomes. Microfinance clients tend to be below the poverty line. Many households are without financial access.
Most microfinance intuitions started as not-for-profit organizations.
ACCION Communitaria del Peru (ACP) ACODEP, Nicaragua ACTUAR/Tolima, Colombia ADMIC National, A.C., Mexico Agencia de Desarollo Economico Local de Morazan, El Salvador Asociacion Benefica PRISMA, Peru Asociacion de Mujeres Campesinas Salvadorenas, El Salvador