Timely Rain

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INTRODUCTIOIN OF MICROFINANCE

DEFINITION OF MICROFINANCE

A type of banking service that is provided to unemployed or low-income individuals or groups who would otherwise have no other means of gaining financial services.

MICRO LENDING

Micro Lending is the extension of very small loans Micro Lending is the extension of very small loans (microloans) to the unemployed, to poor entrepreneurs and to others living in poverty that are not considered bankable.

MICROCREDIT

Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history.

MICROCPAYMENT

A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online.

HISTORY OF MICROCFINANCE

The history of microfinancing can be traced back as long to the middle of the 1800s ...

P2P LENDING

Peer-to-peer lending commonly abbreviated as P2PL is the practice of lending money to unrelated individuals, or "peers", without going through a traditional financial intermediary such as a bank or other traditional financial institution.

DOCUMENTATION ARCHIVES

RELIEF CHILDREN WITH HEART DISEASES

Do you know there are some young children have to fight every heartbeat daily? And since their families could not pay for the expense for the heart surgeries, they have to suffer day and night? Here is a true story from us...

PEER-TO-PEER MAGAZINE

Timely Rain has the summer and winter camps every year. From the year of 2012, our members visited the poverty-sticken villages and helped the people. We have a lot of experience and feeling to share...

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NINGXIA TRIP 2013

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