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With a Steady Growth Rate, Microlending Continues to Push the Envelope for Global Financial Inclusion

Financial inclusion forms an integral part of the Sustainable Development Goals set by the UN. With over 1.8 billion adults around the world lacking the access to basic financial services, there is a severe need in measures enabling the unbanked to access financial services.

Microlending is one of the crucial drivers of change in the quest for financial inclusion. By serving those at the bottom of the pyramid, microlending fills a significant gap in the financial services landscape of developing nations. Microlending enables underserved groups of the population, and micro-bus ...

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