« Back to Glossary Index
Tags: microfinance
Categories: Economics & Finance
The Greenfield approach in the microfinance sector is to create microfinance banks from scratch and not from an already existing structure, for example a small NGO.
Development agencies advocate this system of creating institutions that can contribute to economic development while serving the most vulnerable, profitable institutions that can endure while applying ethical criteria in their business management.
« Back to Glossary Index
