Microfinance plays a vital role in driving socio-economic transformation, especially in low-income and underserved communities, by offering financial services such as credit, savings, insurance, and payment systems to individuals typically excluded from formal financial institutions. This access to financial resources enables individuals to move away from the vicious cycle of poverty and significantly better their lives. Through microfinance, individuals can establish self-sustaining ventures crafted around income generation that goes beyond access to critical services with regard to education, health and housing, just to mention a few.