Microfinance has been a powerful driver of financial inclusion, particularly in developing nations like India, where millions of people have limited access to formal banking. By offering small loans and credit facilities to low-income households, microfinance institutions (MFIs) empower individuals to improve their livelihoods and break free from poverty cycles. But one key element often overlooked in microfinance is financial education . While access to credit is essential, ensuring that borrowers know how to manage, invest, and grow their money is equally critical. Among the many areas of financial literacy, share market awareness has emerged as a transformative force that can significantly enhance the outcomes of microfinance programs. This article explores in depth how knowledge of the stock market strengthens microfinance initiatives, why it matters in today’s economy, the challenges to implementation, and the long-term benefits of integrating financial literacy with microfinance...
Best Microfinance Software | Free Demo Available | Lowest Price Guarantee