Credit and finance services approach


The aim of microfinance is to provide quality financial services to communities underserved by official financial institutions.

By providing relatively small loans (on average, less than $100), eliminating the need for collateral through the use of a group guarantee lending scheme, and using a simplified application process, the Fund has "created opportunities for a significant number of women who are unable to access credit funds from official financial institutions," according to Mekong Economics. From an initial client base of 300 in 1998, the Fund's membership has since expanded to 5,000. By 2010, the program aims to have 10,000 members enrolled.



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