English, asked by usathe78, 4 hours ago

micro finance banks is .... type of bank?​

Answers

Answered by JennieRocks
3

What Is Microfinance? Microfinance, also called microcredit, is a type of banking service provided to unemployed or low-income individuals or groups who otherwise would have no other access to financial services.

Answered by brainlypromoter4
14

Answer:

Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services.

1.Central Banks. ...

2.Retail Banks. ...

3.Commercial Banks. ...

4.Shadow Banks. ...

5.Investment Banks. ...

6.Cooperative Banks. ...

7.Credit Unions.

Explanation:

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