Click on the links below to find answers on the Frequently Asked Questions, or FAQs about microfinance and about MicroNed.
If you want to find more information on microfinance than provided on the MicroNed website you can visit the websites of the Consultative Group to Assist the Poorest (CGAP) www.cgap.org and the Microfinance Gateway www.microfinancegateway.org
1. What is micro credit?
2. What is microfinance?
3. Why do poor people not go to a traditional bank?
4. What is a Micro Finance Institution (MFI)?
5. How high are repayment rates?
6. Why is some 75% of the clients female?
7. Can poor people save?
8. Why do MFIs charge high interest rates?
9. Does microfinance reach the poorest people?
10. How do poor people benefit from microfinance?
11. Is microcredit thé magic cure against poverty?
1. What is MicroNed?
2. Why was MicroNed created?
3. What are MicroNed's activities?
4. Why does MicroNed not directly support MFIs?
5. What microfinance activities do MicroNed members finance?