While there are many reasons for such contrasts, one variable that repeatedly surfaces as a common denominator is the accessibility to different sources and types of credit. This is also true if one looks at products and services. The Homepage also highlights the viability of microfinance schemes to satisfy their financial needs. These small amounts contrast starkly with loans from banks, which tends to be large, and for lump sum investments. Loans are usually made for very short periods.
Borrowers prefer to repay loans quickly to avoid long-term commitments in repayments.
This also reflects the insecurity of borrowers' jobs and income. Loans are unsecured, with little or no collateral or guarantees. Since services are localized, and only well- known borrowers serviced, the rate of repayment is also very high. There is much we can learn from the people , listening to them and understanding and comprehending the solutions that they themselves have developed. These solutions have used resources that local, sustainable and accessible to them, transcending barriers that typify formal institutions.