MicroLending
Providing small amounts of Business Credit - a new Capital Market?
Especially effective in poor areas. International Development
Some key practices:
- use of Lending Circle to provide Peer Pressure for repayment
- use of cheap/unpaid labor to handle administration
Banker to the Poor: MicroLending and the Battle Against World Poverty ISBN:1891620118 by Muhammad Yunus of Grameen Bank
The SBA does some of this, I think.
SHARE (Self Help Association For A Regional Economy, in Massachusetts)
Accion International in Latin America
Banco Solidario - Bolivia, 1992
Multi Credit - Panama, 1991
Edited: | Tweet this! | Search Twitter for discussion
BackLinks: 2004-04-12-KhoslaMicroLending | 2004-06-18-DesotoAdvancingLiberty | 2005-05-27-GreenspunFoundationIdeas | 2005-11-08-OmidyarTuftsMicrolending | 2006-10-16-GrameenNobelPeacePrize | 2006-11-16-HagelOpenDistribution | 2008-04-18-MobileVsPoverty | 2008-11-26-ProspercomShutDown | 2010-11-17-RaoPortfoliosOfPoor | 2010-11-18-IndiaMicrofinanceProblems | 2011-04-04-SamAdamsBeerRelatedMicrolending | 2011-10-20-StarbucksMicrolending | AccionInternational | AttractiveCharities | GrameenBank | HistoryOfThe21stCenturyIn100Objects | HumanCapital | InternationalDevelopment | KiVa | MicroLender | MicroLending | MutualBank | SystemsOfSurvival
No twinpages!