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Two people are regarded as the pioneer of microcredit systems – Muhammad Yunus from Bangladesh and AI Whittaker from USA. Muhammad Yunus started the Grameen Bank in 1976, Bangladesh. The bank was involved in giving microloans to the poor people in Bangladesh. He was awarded Nobel Prize in 2006 for his contribution to the microfinance concept. AI Whittaker helped to popularize the concept of microfinance in the world.
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Microfinance is a type of monetary organization (Banking or non-Banking) that provides financial services and support to the poor individuals, small companies, startup businesses etc. It is also called as ‘Microcredit’ or ‘Microloan’ services. This financial organization generally provides finance related solutions to those who do not have the opportunity to get the same from the predominant financial organizations (Banks).
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Today India’s top microfinance organizations choose software from G Tech Web Solutions. Our microcredit management software provides mesmerizing experience for both the company officials as well as the clients. But this is just the tip of the whole iceberg. There are several other reasons people consider buying our Micro Credit Software.
