Microfinance has many benefits:
- it's attractive way for the affluent because you should get at least your own back
- it brings the target group in to do thing together, which on the side educates&trains the target group and motivates them to develop themselves
- can be used to finance the implementation of innovations
- could lead to crowdsourcing; when you finance the people so that they do the work, they might bring up innovations that work in their environment, innovations that westerners might have not even thought about
- Cannot emphasize this too much: it's sustainable, in every way!
This video gave me new distinctions of reality of microfinance, hope it gives you too!