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Many microfinance organizations [1] provide much more than loans. They provide business training. They set up peer groups to provide mentoring and accountabil
by mleonhard 6y ago
Many microfinance organizations [1] provide much more than loans. They provide business training. They set up peer groups to provide mentoring and accountability. They are essentially providing local versions of the US SBA [2] and Y-Combinator, critical infrastructure for society. These organizations have huge positive impact.
[1] https://opportunity.org https://opportunity.org
[2] https://www.sba.gov https://www.sba.gov