Transcription of Key Principles of Microfinance - CGAP
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Key Principles of Microfinance - CGAP
CGAP 1818 h street , NW MSN Q4-400 Washington, DC 20433 Tel: 202 473 9594 Fax: 202 522 3744 E-mail: Web: Building financial systems for the poor KEY Principles OF Microfinance 1. The poor need a variety of financial services, not just loans. Just like everyone else, poor people need a wide range of financial services that are convenient, flexible, and reasonably priced. Depending on their circumstances, poor people need not only credit, but also savings, cash transfers, and insurance.
CGAP 1818 H Street, NW MSN Q4-400 Washington, DC 20433 Tel: 202 473 9594 Fax: 202 522 3744 E-mail: cgap@worldbank.org Web: www.cgap.org Building financial systems for the poor KEY PRINCIPLES OF MICROFINANCE 1. The poor need a …
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