From a handout to a hand up, by Alison Maitland
Tuesday, March 22, 2005
For more than 40 years, Citigroup has supported micro-finance initiatives as a form of philanthropy. Last year, however, it decided to look at them as a business opportunity as well. It appointed a senior banker to develop services and products for micro-lending programmes, initially in Mexico and India.
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Source: The Finacial Times