The provision of credit to the poor has been regarded as a means for poverty alleviation. However, for the institution issuing credit to be sustainable, it has to ensure that borrowers are assessed effectively and loans are recovered as soon as they are due The provision of credit has increasingly been regarded as an important tool for raising income and hence improving livelihood. The generation of self-employment and entrepreneurial activities requires investment in working capital. However, at low levels of income, the accumulation of such capital may be difficult. Under such...
The provision of credit to the poor has been regarded as a means for poverty alleviation. However, for the institution issuing credit to be sustainabl...