microlending

Microloans

Portland Wedding Photographer - October 7, 2008

Heads up, this has nothing to do with photography. Professor Muhammad Yusuf won the Nobel Peace Prize in 2006 for his effort in alleviating poverty through micro-loans to the poor in this home in Bangladesh. “Micro-loans” imply loans that are not significant in amount. A lot of the loans we get are large amounts, and from commercial banks. Yusuf’s bank, Grameen Bank, in contrast, lends …

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