Credit Union Micro-Finance Innovation (CUMI)

A specially designed product that provides sustainable and affordable access to both savings and credit to entrepreneurial poor that do not have access to formal financial institutions.

MICRO FINANCE . . .

1. A TOOL FOR POVERTY ALLEVIATION
   1. More closely connected or associated with concrete social groups,
   2. Have a better access to field information on the target groups, and
   3. In a position to closely monitor the enterprise

Microfinance should be conducted through the CU because:

2. AIMS AT THE DEVELOPMENT OF THE FINANCIAL

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