Microfinance has revolutionized both the finance sector and many parts of the less-industrialized world. Microfinance services aim to provide small loans to people with low incomes, so that they have access to capital and resources that they would otherwise not have.
Often, women are targeted heavily for microfinance services because it is proven that they are more likely to pay the loans back, as well as invest in their children's education and their family's health. What's more, many programs utilize something called "solidarity lending" which allows community members to rely on each other for repayment; in turn, creating a collective pressure that further ensures the repayment of the loan.
This top list of examples of microfinance services range from small business loans and personal loans to savings and insurance plans.
15 Microfinance Services
15
Microfinance Investing
Kiva.org Lets You Become a Banker to the Poor
14
Accessible Bamboo Bicycles
Zambikes International Creates Jobs and Transportation in Zambia
13
Social Entrepreneurs
A Megatrend
12
Ebay Ventures Into Microfinance
MicroPlace.com
11
Conscious Capitalism
Dirty Business No More
10
Microlending Credit Cards
KivaB4B Doubles Grants
9
Giving 2.0
Kiva Loans Lend Directly to a Developing World Entrepreneur
8
Microlending To Entrepreneurs
Richard Branson Launches Virgin Money
7
Collateral-Free Microcredit
Muhammad Yunus's Grameen Bank Has Revolutionized Finance
6
Youth-Oriented Finances
MyBnk Teaches Money Management and Entrepreneurial Skills
5
Green Power Microlending
Energy in Common's Person-to-Person Loans Fight Climate Change
4
Global Microfinance Networks
FINCA Provides Financial Services to Low-Income Entrepreneurs
3
Alternative Loan Products
Fair Finance Offers Affordable Banking to Urban Populations
2
American-Based Microlending
ACCION Chicago Provides Financial Access to Small Business Owners
1
Social Advisory Firms
Intellecap is a ‘Think and Do' Tank With Market-Based Strategies
Related Ideas
Credit-Consolidating Finance Apps
The 'StellarFi' App Pays Your Bills & Boosts Your Credit
Bacteria-Stitched Lab-Grown Shoes
Modern Synthesis Uses Plant Waste to Grow Microbial Textiles
Disruptive AI-Finance Chatbots
Origin Financial Wins Big with AI Chatbot for Everyday Finance
Gen Z-Focused Fashion Labels
The 'MIXT' Label Caters to Youthful Fashion-Forward Indian Consumers
Accessible DIY Housing Strategies
Manuel Cervantes Estudio Promotes "Assisted Self-Production"
Illuminated Mirror Power Banks
The Conceptual 'Mica' Power Bank Has a Multifunctional Design
Low-Value Plastic Recycling Methods
Ashaya Aims to Reuse Non-Recyclable Plastic Packaging
AI-Supported Menopausal Treatment Services
Morrama Recently Debuted Its Luma Service Concept
Ultra-Accessible Kiosks
'The 46' Kiosk is the Most Accessible in the Micro Market Industry
On-Demand Fashion Production
Shein Moves Away From its Fast Fashion Roots with New Manufacturing
Digital Sustainable Food Solutions
Special Projects Debuts Eco Lenses to Help with Decision-Making
Futuristic Auto Micro Factories
Most Architecture Unveils a Modern Factory for Charge Cars
AI-Fueled Finance Apps
The 'Finn' App Can Provide Accurate Responses to Complex Queries
AI-Backed Private Payment Solutions
TODAQ's 'TAPP' Micropayments Improves Healthcare Privacy
Biomaterial Fashion Textiles
Modern Synthesis Creates Microbial Materials with Nanocellulose
Supplemental Smartphone Lens Microscopes
The iMicro Q3 Gives Smartphones 1,200-Times Magnification
AI-Powered Digital Banks
Revolut Introduces its Reliable AI-Powered Finance Product, Billpay
Modern Amenity Micro Dwellings
The Little Tahoma Peak Tiny Home Has House-Inspired Finishings
Africa-Focused Digital Wallets
Abba Payments Debuts a Digital Wallet Service for African Consumers
Kids' Money Management Books
'The Adventures of Ca$hman & Supersaver' Promotes Financial Awareness
Clothing Buy-Back Programs
Eileen Fisher Revolutionizes Clothing Recycling with Renew Program
Remodelled Denim-Detailed Modern Apartments
Studio Edwards Remodels the Microloft in Melboune
Clean Neurocosmetic Skincare
Justhuman's Clean Products Deliver Results Fast
Microcation Planning Services
Going Places Travel Helps Plan the Perfect Short Vacation
AI-Powered Fintech Tools
Square Introduces Ten New Generative AI Features for Content Creation
Micro-Influencer Marketing Services
SCREENSHOT Micro Boost Refines the Brand-Creator Experience
Comprehensive Web3 Super Apps
'MultiversX' is Combining Countless Web3 Services in One App
Compact Productivity Laptop Models
The MNT Pocket Reform Has a Mobile-Friendly Seven-Inch Design
Ethical Premium Bedding
Linen Reform is Revolutionizing the Home Textile Market
Textured Hair Advertising Campaigns
From One Queen to Another is Mielle's First Ever Campaign
Financial Coloring Books
Chime Boasts Activities for Financial Progress Month
AI-Powered Finance Trackers
TotallyMoney and Bud Financial Launch an AI-Powered Payments Tracker
Efficient Home Electrification Platforms
Helio Home Helps Consumers Go Carbon Neutral
Investment Intelligence Platforms
TIFIN Shares Data Analysis for Better Investing Decisions
Textile Recycling Solutions
SuperCircle Secures $7M to Enhance Textile Recycling Infrastructure
Privacy-Focused Budgeting Apps
The 'Apollo' Personal Finance App Streamlines Money Tracking
E-Bike-Powered Logistics Services
Fez Delivery is Utilizing the 'FEZ ECO' in Last-Mile Delivery
Rejuvenated Former Bank Buildings
This Dutch Building Now Boasts Solar Panels & Insect Hotels
Product Maker Launch Platforms
MicroLaunch Offers a Streamlined Avenue for Feedback
Gen Z Anti-Loneliness Funds
Hinge Combats Loneliness for Gen Z - $1M Fund
Aggregated On-Demand Service Apps
The 'finish'd' App Combines a Range of Services into One Spot
Stress Reduction Finance Apps
The 'MoneyCoach' App Takes the Anxiety Out of Money Management
Youth-Focused Therapist Networks
'Zencare' Connects Patients with Vetted Therapists Without Hassle
Reverse Vending Machines
NatWest's Machine Helps Consumers Recycle Unwanted Plastic Cards
Affordable Tiny Home Communities
Durham Region Launches a Tiny Home Project to End Homelessness
Gen Z Budgeting Platforms
Buddy and Klarna Teamed Up to Support Gen Z Financial Health
Digital Banking Metaverses
HSBC Confirms Plans to Debut a Virtual Banking Service in the Metaverse
Secure Payment Partnerships
Verve Unites with Moniepoint to Debut the Moniepoint Verve Debit Card
AI Financial Wellness Apps
'AI FinCheck' from Yodlee Guides Users Toward Financial Goals
Comforting Financial Pop-Ups
Experian's Credit Paws Café is a Place to Chat About Money Worries
AI Green Financing Platforms
Singapore's AI Initiative for Sustainable Finance in Real Estate
Hybrid Community Supermarkets
The After Market is a Grocery Store and a Food Pantry
Loneliness-Combating Social Campaigns
Hinge Launches the New One More Hour Campaign and Fund
Gen Z-Supporting Benefit Policies
Chipotle Launches a New Benefits Program for its Gen Z Employees
Simplified Investment Platforms
R'ket Helps Younger Generations Make Investment Decisions
Millet-Based Healthy Snacks
Govindjee Unveils a New Selection of Millet-Based Products
AI-Driven Financial Education Games
Money Smarts Unveils AI Financial Game on Indiegogo
Women-Supporting Clothing Brands
'Sozy' Aims to Support Women and Victims of Violence
Community-Owned Solar Microgrids
This Microgrid Project Helps Build Energy Security in Puerto Rico
Kid-Focused Finance Apps
ABN Amro Launches a Financial Literacy App for Children
Responsible Lending Platforms
Enova is a Financial Tech Platform Making Credit More Accessible
Employee-Focused Finance Programs
Claro Money Launches a Financial Wellbeing Package for Employees
B2B eCommerce Retailer Platforms
Walmart Business Streamlines Access to Essentials
Visual Payment Apps
Vizme Turns the Experience of Sending or Spending Money Into Stories
Millennial Homeowner Hubs
The Home Depot's New Homeowners Hub Equips Millennials with Resources
Comprehensive Finance Management Apps
Coop Launches a New Super App with Embedded Finance
Ethical Clothing Recycling Services
Retold Recycling Aims to Reduce Textile Waste
Sustainable Textile Industry Practice
Soorty Introduces the Soorty Regenagri Initiative (SRI)
Immigrant-Supporting AI Finance Apps
Lola4i is Leap Financial's AI Tool for Immigrant Support
Affordable Lifestyle Directories
'I Have This Friend' Makes Aspirational Living More Accessible
Family-Focused Credit Cards
The Greenlight Family Cash MasterCard Helps Families Build Credit
Sustainable Furniture Services
IKEA's As-is Service Connects Shoppers to Gently Used Products
Global Money-Transferring Apps
HSBC Unveils its Inclusive 'Zing' App and Debit Card in the UK
Vocational Education Advocacy Campaigns
Kagiso Trust and Sasol Foundation Launch a New Initiative
Secure Card Recycling Systems
Mastercard and HSBC are Making the Card Industry More Sustainable
AI-Powered Marketing Strategies
The M1 Marketing Strategy Generator Will Build a Strategy
AI-Powered Freelance Services
Fiverr Helps People Co-Create with Artificial Intelligence
Long-Term Bike Rental Services
'Yulu' Offers Bike Rentals from an App for Up to 90 Days
Gen Z-Targeted Credit-Building Tools
Austin Capital Bank Launches the Freekck Credit Builder
Business-Oriented Visa Cards
Veem Releases a New Virtual Visa Card for SMEs with Zero Fees
AI Business Consultants
15-Minute Business Plans Helps Entrepreneurs and Business Owners
AI-Backed Financial Solutions
Marqueta Debuts the 'Docs AI' Tool for Embedded Finance Solutions
Delightful Recurring Payment Apps
The 'm0nthly' App Offers Mindful Money Management
Contactless Mobile Payments
Intesa Sanpaolo Teams Up with Nexi to Launch the SoftPOS Application
Entrepreneurial Mentorship platforms
GrowthMentor Connects Individuals for 1:1 Support
Financial Literacy Platforms
Secret U Supports Gen Z Women with Free Tools for Financial Success
Intelligent Loan Platforms
Levr.ai Helps Small Businesses Access Better Funding Options
Affordable Eco-friendly FemCare
MildCares Offers Products that Support Female Health
Affordable BNPL Programs
Apple Introduces the Apple Pay Later Program to US Market
Transparent Fintech Lending Platforms
Scienaptic Helps Mitigate Risk with the Help of AI Tech
Cryptopunk NFT Collections
gmoney Secured a $1,000,000 USDC Loan Against His Ape Punk #8219
Supportive Entrepreneurial Communities
The Zenpreneur Community Provides Resources and Support
African Digital Wallet Platforms
Union54 Launches a New Social Commerce Platform Called ChitChat
Retirement Finance Apps
Udeshi Financial Unveils P.R.I.D.E. Framework for Those in Retirement
Book Matchmaking Services
Bookwish Offers Personalized Monthly Book Selections
Global Money-Managing Apps
Zing Empowers Users to Send Money Internationally, Worry-Free
Clean Water CSR Campaigns
The Give Water, Give Health Campaign Provides Clean Water for Thousands
Credit-Building Finance Features
Credit Sesame Debuts the Innovative Card and Credit Analysis Tool
Microbiome-Targeted Fibers
PharmaBiome and Roquette are Teaming Up to Reduce the Fiber Gap
Democratized Financial Service Tools
Plaid Aims to Make Financial Services More Accessible
Integrated Business Banking Tools
PennyFlo Streamlines Financial Management for Businesses
Network-Connecting AI Solutions
Village AI Connect with Your Network to Close Deals
Teen-Focused Prepaid Cards
Teen and Tween Prepaid Card App Savii Launches in the UAE
App-Based Employee Payments
Instant Financial Automates Access to Employee Wages with New App
Efficient Micro Habit Apps
Micro Habits Breaks Goals into Smaller Steps
Video Testimonials Tools
Feedspace to Boost your Business's Credibility in the Market
Charitable Hygiene Supply Initiatives
Purse Project Collects Personal Care Goods for Those in Need
AI Investment Assistants
FinPal Helps people Make the Right Financial Decisions Through AI
India-Based Refurbishing Brands
ReFit Global Sources Phones for Affordable Second-Hand Reselling
Complementary Financial Literacy Courses
Walmart & Khan Academy Offer Free, World-Class Education
Account Aggregation Micro-Apps
PhonePe Launches the New Account Aggregator Service for Clients
Customizable Credit Rewards
ila Bank Launches a Credit Card Rewards Program for Clients
Inclusive Try-On Programs
Perfect Corp. Connects Beauty Brands with Digital Beauty Innovation
Low-Cost Financial Management Services
Domain Money Greatly Reduces the Cost to Manage Money
Social Good Brand Practices
Dignity Coconuts Positions Itself to Combat Human Trafficking
Circular Luxury Clubs
'More' Supports More Conscious Shopping and More Accessible Luxury
Award-Winning Fundraising Platforms
Pledge is Utilized by Companies, Nonprofits, and Individuals
Circular Garment Repair Services
Nanushka Launches a Garment Repair Service with Sojo
Debit-Like Credit Builders
BuildMyCreditScore Helps Consumers Build Credit with Normal Payments
Children-Supporting Trust Initiatives
The Children who Trust Again Campaign Supports Abuse Victims
Community Borrowing Apps
Borrow Encourages Neighbours to Interact and Share
Accessible Home Services Marketplaces
Urban Company Recently Made Its Platform More Accessible
Group Expense Tracking
Paymeback.lol Does the Math So All Expenses are Even
Business E-Money Services
Greengage Debuts a E-Money Service for Businesses to Handle Money Easily
In-App Subscription-Canceling Features
Mastercard and Subaio Streamline Subscription-Canceling
Entrepreneurial Community Building
VenturePals Steps in to Help Solo Entrepreneurs Find Community
Bite-Sized Gen Z News
Mata.Today Offers Quick Insights for Gen Z to Easily Digest
Credit-Boosting Rental Payments
Bloom Credit Unveils Credit-Building Tool for Renter Payment Data
Friendship-Focused Finance Agreements
'Friends Over Money' Let's You Make Agreements with Friends
Digital Commercial Payment Apps
Mastercard Unveils the Mobile Virtual Card App for Businesses
BNPL-Enabled Home Retailers
At Home Debuts the Buy-Now-Pay-Later Program for Qualifying Purchases
Africa-Focused Finance Apps
Orange Launches the New Super-App 'Max It' for African Markets
Income-Estimating Finance Tools
Rapidio Introduces a New Income Assessment Tool for Underwriters
Micro Data Care
Micro Data Care
Delivery Service Credit Lines
India’s Food Delivery Brand Swiggy is Launching a Credit Card
Educational CSR Initatives
Shimanto Bank Contributes to Bangladesh's Education Assistance Trust
Philanthropic Investment Banks
Builders Vision Helps Build a More Humane and Healthy Planet
Streamlined Financial Management Platforms
Ayden Simplifies Payments, Data, and Fraud Detection
Crisis Response Services
Charity Launches a Free Community Crisis Response Service for Tragedies
Streamlined Start-Up Job Searching
Startup Jobs by Binh Pham is a Community for Job Seekers