mikrofinanciare
Mikrofinanciare, often translated as microfinance, refers to the provision of financial services to low-income individuals and small businesses who typically lack access to conventional banking services. These services can include microcredit, microsavings, microinsurance, and money transfers. The primary goal of microfinance is to alleviate poverty and promote economic development by empowering individuals and small enterprises to grow their businesses, improve their living standards, and build financial resilience.
Microcredit, a core component of microfinance, involves lending small amounts of money, often without requiring collateral,
The microfinance sector has grown significantly worldwide, with numerous institutions, including non-governmental organizations (NGOs), credit unions,