Why is microcredit so important for poorer countries/regions?

Importance of Microfinance (Microcredit)

Explanation:

Microfinance is very important to poorer countries/regions because it is their lifeline. It lets them live.

no , per capita income is not a true measure of the development because: -it only tells us about average income not how income is distributed among the people.it only give us an idea of the economic aspect.it is only at the qualitative basis.moreover, income is not only the way of development other factors are also as much as important as income.

well it depends i think people around the world are coming around to gay marriage. but if you are talking abortion then wow, so much to talk about. such as men thinking they have the right to choose if women can, the fact there are health concerns if the women can't get one, and many more arguments to discuss. so i would definitely say abortion would be a much more interesting topic.