Microcredit is reducing poverty, one loan at a time

Friday, June 18, 2004

“Today, microcredit has reached more than 67 million poor people around the world. At any moment, as much as $6 billion in microcredit loans may be in circulation, with huge diversification and minimal loss. These loans, made at market rates, prove conclusively that the poor are not only creditworthy but have a real need to access credit.” Read full article here.

Source: Pugent Sound Business Jounral