Different between finance and microfinance

Question

Accepted Answer

Finance involves managing money and investments on a larger scale, while microfinance focuses on providing financial services to low-income individuals and small businesses.

Finance deals with large-scale investments, corporate finance, and financial markets.
Microfinance focuses on providing financial services to low-income individuals and small businesses who lack access to traditional banking services.
Finance typically involves managing large sums of money, while microfinance deals with smaller amounts of money lent to individuals or small businesses.
Finance institutions include banks, investment firms, and insurance companies, while microfinance institutions include microcredit organizations and community banks.
Examples of finance include investment banking, asset management, and corporate finance, while examples of microfinance include microcredit loans, savings accounts, and insurance services for low-income individuals.

Accepted Answer

Finance involves managing money and investments on a larger scale, while microfinance focuses on providing financial services to low-income individuals and small businesses.

Finance deals with large-scale investments, corporate finance, and financial markets.

Microfinance focuses on providing financial services to low-income individuals and small businesses who lack access to traditional banking services.

Finance typically involves managing large sums of money, while microfinance deals with smaller amounts of money lent to individuals or small businesses.

Finance institutions include banks, investment firms, and insurance companies, while microfinance institutions include microcredit organizations and community banks.

Examples of finance include investment banking, asset management, and corporate finance, while examples of microfinance include microcredit loans, savings accounts, and insurance services for low-income individuals.

Different between finance and microfinance

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