MICROFINANCE FOR DISABLED

MICROFINANCE FOR DISABLED

MICRO CREDIT FOR PEOPLE IN DISABILITY MICROFINANCE FOR DISABLED AND HANDICAPPED PERSONS

Microfinance for disabled people is by definition a small cash facility called also microcredit that is granted by microfinance lenders in favor of persons who are facing a disability and who looks at funding or a personal project.

Microfinance for disabled persons gives the opportunity to handicapped persons who cannot access bank loan to start a project, to obtain a mini loan and start their own business, for example as a microcredit follows the objective to give impoverished disabled people an opportunity to become self-sufficient.

A microcredit for disabled people contributes to the promotion of the social integration of people in disability given that banks are reluctant to lend to people with disabilities, and microfinance intention is to fill the gap.

Microfinance for handicapped persons is approved und preconditions which are either the funding is related to personal use and the microcredit must be linked to the disability (wheelchair and adapted equipment purchase), or to a business that will help the disabled loan applicant to become more independent.