Microcredit is the extension of small loans to entrepreneurs too poor to qualify for traditional bank loans. In developing countries especially, microcredit enables very poor people to engage in self-employment projects that generate income - Wikipedia
Thursday, March 22, 2007
Italian President wants Grameen like operation in his country
Italy's President Giogio Napolitano, wants to replicate Grameen's micro-credit operation in his country, at least in the southern Italy.
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