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Frontline/World: The Miracle of Microfinance

submitted by rickegee

1 decade 7 years 6 months 4 weeks ago

For more background on Uganda and this story
The Kiva Foundation
An in-depth article of the promise and the criticisms of microfinance and Dr. Yunus

Microcredit is the sometimes controversial practice of making small loans to the rural poor in developing countries. The 2006 Nobel Prize awarded to Dr. Muhammad Yunus, one of the founders of modern microfinance, has helped to push the industry even further into the spotlight.