A million dollars is too far, but it can raise 50%.
3. Compared with micro-secured loans, micro-credit mainly refers to a micro-financial service model, which mainly serves low-income people in urban and rural areas. The main purpose of microfinance is to achieve self-improvement and promote self-development. Providing financial services for poor farmers or small enterprises is an innovative means and way, and it also achieves the effect of helping people in need. Small loans lack the guarantee mechanism of final repayment, and borrowers of small loans are generally entrepreneurs, and most of them are those who lack funds.
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