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Microinsurance vs Microfinancing - What's the difference?

microinsurance | microfinancing |

As nouns the difference between microinsurance and microfinancing

is that microinsurance is (insurance) a type of microfinancial service aimed at low-income people and communities, and typified by low premiums and coverage limits while microfinancing is the provision of microfinance.

microinsurance

English

Alternative forms

*micro-insurance

Noun

(-)
  • (insurance) A type of microfinancial service aimed at low-income people and communities, and typified by low premiums and coverage limits
  • microfinancing

    English

    Noun

    (-)
  • The provision of microfinance.