MicroFinanceliteraturereview-Dochas.pdfVIP

MICRO-FINANCE Literature Review Based on work by Eoin Wrenn for Trócaire, 2005 What Is Microfinance? Microfinance, according to Otero (1999, p.8) is “the provision of financial services to low-income poor and very poor self-employed people”. These financial services according to Ledgerwood (1999) generally include savings and credit but can also include other financial services such as insurance and payment services. Schreiner and Colombet (2001, p.339) define microfinan