The WWW Virtual Library Microcredit and Microfinance
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icrocredit and microfinance is not the answer to all the problems of poverty in developing countries, but it is indeed an 'inducer' to a great many actions that can lead to a better quality of life for the low-income groups. The Virtual Library on Microcredit is a repository of information on alternative, non-conventional financial systems and microfinance/microcredit issues.
So what is microfinance and microcredit? Does it really help the poor out of poverty? What do we need to do?
Currently, GDRC is focussing on
the role of microfinance in its non-financial role, particularly in mobilizing/activating communities and in generating social capital.