HALIFAX, Canada, Nov 14, 2006 (AFP) – Few people had heard of microcredit before a determined Bangladeshi economist called Muhammad Yunus won this year’s Nobel Peace Prize, but Yunus has put the industry in the spotlight as a potential poverty-busting tool. “Governments in developing countries must demonstrate a strong political commitment towards supporting microfinance as an integral tool of poverty alleviation programs,” Pakistani Prime Minister Shaukat Aziz told delegates on Sunday.
– by Justin Cole
Big banks follow Nobel|
winner’s lead in lending to the poor
by Justin Cole
HALIFAX, Canada, Nov 14, 2006 (AFP) – Robert Annibale clearly enjoys his
Major international banks