Microfinance is considered one of the most important financial tools for the inclusion of the informal sector of developing countries in global finance. However, its empirical implications on the...Show moreMicrofinance is considered one of the most important financial tools for the inclusion of the informal sector of developing countries in global finance. However, its empirical implications on the financial, economic and social level of society are often under-researched, especially in Cameroon, a developing country in West-Central Africa. Therefore, this thesis will show that the financialization of the informal economy, especially in Cameroon, undergoes three steps: firstly the financial one, in which communities living in informal economies are approached by financial institutions offering microcredit, secondly through the economic one, in which microcredit is invested in informal business activities to regulate and formalize them, and finally through the social one, in which the economic power gained through the enhanced businesses is reflected on an empowerment of under-promoted categories, and on an improvement in education and healthcare, given the increased accessibility of funds to afford them.Show less