THE EFFICACY OF MICROFINANCE.PART 4

Given the challenge of inaccessibility,were largely exploited by loan sharks and money lenders.Now,that it accelerates and facilitates access financial inclusion and someday sort of environmental inclusion that most economists,scientists and ecologists especially climate change scientists,hardly talk about.This consequently expanding finance to the vulnerable groups,basically members of the base pyramid.It leads the fight against environmental degradation and global poverty respectively.It also spreads the unobserved ideology of corporate democracy and economic equality,something unthinkable in western macroeconomics and social Darwinists who enthused and theorised that it is fitting that the poor be allowed to die if indeed they can die and the fittest to survive.To negate this is to boost human rights,engages and enables more women to participate in the bread basket.The quality of life tends to grow,under this crusade of microfinance,as Microfinance Institutions(MFIs)care more about borrowers' health etc.