Microfinance is an added small capital to the already inherent five capital of any homestead or unit of activities where there is no capital investment. So, micro-financing is a kind of capital added to the inherent five capital of any unit of activities.
Micro-financing while added to the five capitals will generally generate frontiers expansion of the unit capital which will help developing areas of poverty alleviation is growing finance & capital formation.
Once the five capitals are developed and while micro financing is added to it may constitute a separate capital to grow more in capital formation in the quake of poverty alleviation.
We hope that micro-financing is an essential ingredient to form initial capital in the wake of poverty alleviation efforts.
Friday, August 19, 2005
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