IMPACT ANALYSIS

ECONOMIC AND SOCIAL IMPACT OF THE MICROFINANCE IN THE SUB-SAHARIAN AFRICA

Microfinance services are rapidly expanding not only in Developing

countries but also in the Advanced ones as measures to promote

economic growth as well as social redemption in poor and backward areas.

The reason of the world-wide success is strictly linked to the character of "bottom-up"

development promoting human capital – the only available resource

in disadvantages regions – as well the individual’s responsibility in a

context where people have no access to the formal finance.

IMPACT