About Life Vision Credit & Investment
Microfinance is defined as “provision of financial services to low income people” by the Consultative Group to Assist the Poor (CGAP). It brings credit, savings and other essential financial services to people who are too poor to be served by regular banks, mainly because they are unable to offer sufficient collateral. Microfinance is expected to expand and improve income generation activities and capacities of low income persons. Therefore, it is expected that through microfinance the living conditions of low income persons would improve, while they take on an active role in the economic development of the country.
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