• 2006 Nobel Peace Prize to Muhammad Yunus a paradigm shift (p)(f)
  THE poor can contribute to the economic development and world peace is the message Noble Peace Prize Committee delivered to the world by the by awarding 2006 Prize to Mohammad Yunus (popularly known as Dr.Yunus) and the Grameen Bank (GB). The citation reads as "for their efforts to create economic and social development from below". Dec 4, 2006
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• Kiva.org - Micro Credit Loans that change lives (p)(f)
  Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back. Dec 2006
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• Micro Credit Enterprises 501(c)3 (p)(f)
  MicroCredit Enterprises is committed to reducing poverty by mobilizing private investment capital to finance micro-businesses of poor families throughout the developing world. MicroCredit Enterprises gears its entrepreneurial results to produce jobs, sustain micro-businesses and improve human lives. Dec 15, 2006
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• Microcredit (p)(f)
  Microcredit is a subset of microfinance. It is the extension of very small loans (microloans) to the unemployed, to poor entrepreneurs and to others living in poverty who are not bankable. These individuals lack collateral, steady employment and a verifiable credit history and therefore cannot meet even the most minimum qualifications to gain access to traditional credit. Dec 15, 2006
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• United Nations Capital Development Fund (p)(f)
  Globally, the micro loan repayment rate is 97%.
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microfinance from all users