MICROFINANCE IN DIFFERENT COUNTRIES: COMPARATIVE ANALYSIS OF DIFFERENT COUNTRIES

This paper compares microfinance across Bangladesh, India, Cambodia, France, and the USA from 2013 to 2023. Microfinance, which originated in Bangladesh in the 1970s, provides financial services to low-income individuals. In developing countries, microfinance plays a crucial role in poverty reduction and financial inclusion, with loan disbursements in billions of USD. In contrast, developed countries like France and the USA utilize microfinance on a smaller scale, with disbursements in millions, often for business expansion. Trends show higher loan volumes but greater volatility in developing economies.