Microfinance

Definition:

Any mode of finance designed to provide low-income individuals with the means to become self-sufficient. Microfinance institutions issue small loans to those marginalized from normal modes of finance with the intention of helping the poor prosper by allowing them to save or borrow money. See: Microcredit

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Traditional analysis of firm-specific prospects for future earnings. It may be based on data collected by the analysts, there is no formal quantitative framework used to generate projections.

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