Most banks do not extend loans to someone (the poor) without credit or collateral because of the risks involved.
Microfinance fills the gap by offering small grants or loans to individuals who would normally not have access to capital.
Microfinancing opens the opportunity to invest or expand a microbusiness leading to sustainable solution
to break the yoke of poverty towards a life of economic security.
FFF has both a microfinance grant and loan program.
A loan requires repayment with a low interest. Grants are a gift which are not repaid.
What’s most astounding is microfinance loans have a 99 percent pay back rate.
Microfinance is a seed when planted will grow into something magnificent,
no matter the quality of the soil.
SUSTAINABILITY
MICROFINANCE &