Micro-finance is aimed at people who do not have access to traditional Financial system, in other words, at the very poorest members of society. This definition covers a large section of the population of emerging economies as well as the most underprivileged members of western societies. Micro-finance works on the basis of the same logic as the traditional system. The difference lies in the size of the loans granted. The average amount of a micro-loan in Asia or Africa is around €300 (and can be for as little as €10), in Eastern Europe it is usually just over €1,000 and in Western Europe around €2,500.

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