Microfinance is a transformative concept that is alleviating global poverty in a sustainable way. The side effects of distributing micro-loans are astounding, most notably the empowerment of women and consequently, the education of children. Though while powerful, there are inherent issues with the industry. The Los Angeles Microfinance Network wants to explore the continual evolution of Microfinance and how it is helping the poorest of the poor with a hand-up, and not necessarily a hand-out.
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