Micro-finance refers to providing financial services to individuals or groups who lack access to traditional banking services, particularly in rural or underserved areas. It is primarily focused on offering small-scale financial products aimed at promoting financial inclusion.

Let’s evaluate each option:

1. Small loans: Yes, micro-finance includes small loans, often given to individuals or small businesses who do not have access to traditional credit systems. These loans are typically used for income-generating activities.

2. Small deposits: Yes, micro-finance can also include small deposit services, allowing individuals with low incomes to save money in a secure way, fostering financial inclusion.

3. Money transfer: Yes, micro-finance institutions often facilitate money transfer services to help individuals send and receive money, especially in remote or underserved areas.

4. Payment services: Yes, payment services, such as bill payments and other financial transactions, can also be a part of micro-finance, helping individuals manage their day-to-day financial needs.

All four options are part of micro-finance.