Loan accounts, microfinance institutions (per 1,000 adults)
Microfinance institutions are institutions whose primary business model is to lend to (and possibly take deposits from) the poor, often using specialized methodologies such as group lending. The data collected using this institutional classification necessarily understate the scale of microfinance because many banks, cooperatives, and specialized state-owned institutions provide microfinance services as part of their activities.
Microfinance institutions are institutions whose primary business model is to lend to (and possibly take deposits from) the poor, often using specialized methodologies such as group lending.