Name:crapbag

Monday, October 16, 2006

Microloan Pioneer and His Bank Win Nobel Peace Prize - New York Times

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Another article on Nobel Peace Prize winner Muhammad Yunus and his Grameen Bank describing how microcredit lending works and why it works. The article also talks about how Yunus came up with the idea for his bank, which gives out “loans of tiny amounts to transform destitute women into entrepreneurs."