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Posts Tagged ‘microcredit’

Equal Opportunity Loans

06.06.2008 · Posted in Miscellaneous Articles

Muhammad Yunus is an economics professor in Bangladesh. He is also the creative mastermind behind a new banking trend called microcredit. Unlike traditional business loans, microcredit loans are tiny loans given to people in poverty to help them get on their feet with a small business. With no collateral, background check, or interest, it might ...