An MFI is a Micro Finance Institution. Microfinance is the provision of very small loans - most often to women entrepreneurs in rural areas - in developing countries. These women cannot get loans from banks because they do not have an income nor a credit history, and the amounts they borrow - between £50 and £500 - are usually too small for banks to consider. This video clip gives some information and points out some of the problems microfinance is causing.
Opportunity International is an international Microfinance Institution. Their website will give you a good idea of what microfinance is, how it can be managed and what it can achieve if managed well.
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