Dr. Muhammad Yunus said: “We wanted to open the bank to the poor.”
Please watch this video to appreciate how microfinance helps changing lives of the poor.
Video Credit to the owner of this video. (At no times, I owned credit of this video).
photo credit:PSNP photos 207 via photopin (license)
Are you poor enough?
You may say, “What?”
Yes, this is a valid question for all those who work with microfinancing. The target clienteles are poor.
The current trend is to make means testing simple for field officers to identify the level of the prospective client. Usually, information is gathered under three indicators to rank the client against a scale set by microfinance institute.