Microfinance: How can we expand access to microfinance in order to help lift individuals and families out of poverty?

Expanding Microfinance Access: Empowering Individuals to Overcome Poverty. The goal of this challenge is to ideate innovative solutions that expand access to microfinance, enabling individuals and families to break the cycle of poverty and achieve financial independence. The aim is to create sustainable pathways for economic growth and empowerment. Microfinance has proven to be an effective tool in providing financial services to underserved populations, particularly those in poverty. This challenge presents an opportunity to develop strategies and solutions that enhance the reach and impact of microfinance, unlocking the potential of individuals and communities to thrive.