About Microfinance
Microfinance institutions are a key link to people struggling to escape the grip of poverty. These institutions function as banks for these resilient women and men, providing small loans that can make a big difference. More than 100 million people around the world today use microfinance services. |
Contact Us |
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![]() Thank you for visiting MEDA Trust. If you have questions or would like more information about our programs, we would love to hear from you.Contact us at:
Toll free: 1-800-665-7026
Canada (Head Office)155 Frobisher Dr., Suite I -106
United States:32C E Roseville Rd,
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Worldwide attention
The 2006 Nobel Peace Prize was awarded to Professor Muhammad Yunus of Grameen Bank, an organization that has helped secure loans for over two million families in 22 countries. Microfinance continues to gain more and more attention worldwide. Why not a bank?
Traditional banks often incur substantial costs in assessing loan applications, managing accounts, collecting from delinquent borrowers and so on. Their process is too large and expensive to accommodate a microfinance loan. Microfinance institutions are created specifically for the working poor and are properly equipped to handle the unique nature of smaller start-up loans. |
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