Why would poor people need financial services?
Small Loans Savings Can Make a Difference to the Poor: Says Kofi Annan- 7TH Secretary General of the United Nation. United Nations Secretary-General Kofi Annan stated that the great challenge before us is to address the constraints that exclude people from full participation in the financial sector… Together, we can and must build inclusive financial sectors that help people improve their lives. Kofi stated that Microfinance has proved its value, in many countries, as a weapon against poverty and hunger (Kofi Annan- UN Secretary General).