MicroWHAT?? From Microfinance to Microinsurance

[From Avana Microinsurance]

First things first: “What exactly is microinsurance” and “How is microinsurancedifferent from microfinance?“

By now, almost everyone has heard about microfinance, right? The provision of small loans to poor people, frequently women, has become a well-known tool of economic development. Millions of microfinance investment dollars– first from nonprofit and multilateral development institutions, and later from social and even commercial investors– have been deployed to drive its expansion. As a result, the microfinance sector has enjoyed a dizzying growth trajectory...