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The myth that poor households in developing countries are not creditworthy or able to save, has been firmly put to rest in recent years. Poor households, it has been found, place special value on reliable and continued access to different types of financial services, available at reasonable cost and catering to their specific needs. Since this discovery, microfinance or financial services for the poor, has been hailed as the most important tool in poverty alleviation. But not everyone agrees. Will help y.PARSED CONTENT
The site lessons.microfinancelessons.com states the following, "The myth that poor households in developing countries are not creditworthy or able to save, has been firmly put to rest in recent years." We noticed that the website said " Poor households, it has been found, place special value on reliable and continued access to different types of financial services, available at reasonable cost and catering to their specific needs." It also stated " Since this discovery, microfinance or financial services for the poor, has been hailed as the most important tool in poverty alleviation."SEEK MORE DOMAINS
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