Showing posts with label micro credit. Show all posts
Showing posts with label micro credit. Show all posts

Friday, October 10, 2008

Microcredit from the Cooperative Bank

The Cooperative Bank, already a leader in ethical banking "...has created a special $50 million fund in order to support the future development of small businesses in some of the world's poorest countries. " Their blog is here. Microfinance is a real breath of fresh air after all the news recently of banks & finance organisations whose operations are so huge that they defy the imagination.

Wednesday, May 09, 2007

Banker to the World

Banker to the Poor, the book by Nobel prize winner Muhammed Yunas, brought the concept of microcredit to the wider world. Now ordinary people can get involved through the Kiva.org website - lending small amounts of money to people in need. Each potential borrower posts their story on the website and lenders choose which entrepreneur to sponsor with their cash! Internet magic!