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Microfinance is the Providing financial facility for individuals and businesses have lack of funds . There are many services that providing through micro financing including insurance savings, loans, educate and train to those people who are living in poverty. Microfinance usually consist of smalls funds for entrepreneurs having low income to invest in business plans that may allow them to get seed up capital to initiate business plans into action. It helps poor people to enhance sources of income and For this way to reduce property and creating contribution to social and financial sustainability. Mostly, Microfinance organizations serve specially those areas where there are number of of women are living in extreme poverty and are excluded from workplace, education, participation in politics. owning property and equal.
Disadvantage of microfiance