Give a poor man a fish and you feed him for a day. Teach him to fish and you give him an occupation that will feed him for a lifetime.
As traditional banks won't generally lend to poor people within developing countries, they are forced to turn to loan sharks and pawn shops, which may charge interest rates in excess of 200% per annum.
ADC Microfinance, through its microfinance partners in Myanmar and Malawi, provides an alternative option for them at a much lower interest rate of approximately 30% per annum. ADC offers micro loans to skilled, enterprising communities in Myanmar and Malawi. These loans act as capital for them to start small businesses which in turn helps them and their families to forge improved, sustainable lifestyles. ADC prides itself on having a 98% loan repayment rate.