A Microfinance Bank is a financial institution that provides small loans and financial services to individuals or businesses that lack access to traditional banking. These banks aim to empower low-income clients, helping them to start or expand small enterprises, improve their living conditions, and achieve financial independence. Microfinance Banks often offer additional services such as savings accounts, insurance, and financial education. They play a crucial role in promoting economic development, particularly in underserved communities, by fostering entrepreneurship and supporting local economies.