Microcredit Microfinance
– Microcredit is just a small loan process. – Microfinance is a program with other financial benefits including savings, credit, insurance, remittances etc.
-Activities are carried out with a specific community or customer. -The activities are carried out with different groups of people or customers
-Microcredit is just a part of microfinance -Microfinance =  Credit + Savings + Other Financial Benefit