Microfinance enables the active poor to lift themselves out of poverty through entrepreneurship.
The poor are excluded from formal financial markets and are dominated by the tough and often unreliable rules of informal markets. This is especially true of the role of microentrepreneurs and microbusinesses. They are looking for opportunities, for access to small loans, for know-how and the legalization of their business environment. These businesses represent substantial and largely untapped potential to make a significant impact on poverty reduction. They can be an engine of growth for developing economies but for vast numbers very few financing options exist.
That’s what Enabling Qapital is all about – Unlocking the potential of those micro, small and medium sized enterprises.