micro loan bank third world

Innovative Bank Started With Just $27
third world micro loan bank

The Grameen Bank: A Decentralized Success

You have probably heard of micro-loans, those tiny sums lent to Third World women who then perform incredible entrepreneurial feats and greatly improve their lives? Read about the fellow who invented them.

The micro-loan idea has caught on very successfully in many nations. Now the problem is that the World Bank may mess it all up, by trying to centralize and bureaucratize these grassroots lending enterprises. Here's a great story about it --

Click here for the news story.

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