Benefits to Microfinance programs





Those from the private-sector side respond that, because money is fungible, such a restriction is impossible to enforce, and that regardless it should not be up to rich people to decide how poor people use their money. In spite of the fact that it is commonly concurred that microfinance practitioners should seek to adjust these goals to some degree, there are a wide assortment of strategies, running from the minimalist profit-orientation to the highly incorporated not-for-profit orientation. Practitioners and donors from the beneficent side of microfinance much of the time contend for restricting microcredit to loans for beneficial purposes such as to start or extend a microenterprise.