Nobel Peace Prize laureate Muhammad Yunus was trained in economics but is something of an engineer in his day-to-day work, building bridges between the developed and developing worlds. When a group of ...
It was at the end of a long, dusty road in Guatemala that Mike Galgon, a Seattle tech entrepreneur, became a believer. He met a woman who used a $50 loan to buy a simple metal-bending machine, ...
A KBYU Television production, “Small Treasures: Microcredit and the Future of Poverty,” tells the stories of women across the world who have bettered their lives with the help of loans as small as $10 ...
Rural credit programs in Bangladesh help the poor by providing collateral-free loans or credits at a low cost. In addition, they provide social development programs such as vocational and business ...
Next month, nonprofit leaders and government officials from around the world will gather in New York to exchange ideas about so-called microcredit programs, which provide small loans and other ...
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It is an irresistible notion: Support the developing world’s women entrepreneurs. “These women not only grow gross domestic product, but have a huge impact on their communities,” gushed Dina Powell in ...
A student-run microcredit program at University of St. Thomas is helping Mayan women bring their traditional Habanero salsa to the Houston market. Hach Ki, the Mayan word for “delicious,” is also the ...
Perhaps one of the reasons there is such enthusiasm for microcredit in establishment circles these days is that it is a market-based mechanism that has enjoyed some success where other market-based ...