| 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 |
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