The microfinance revolution: an overview.(Company overview)
From: Federal Reserve Bank of St. Louis Review
|
Date: 1/1/2008
|
Author: Aubuchon, Craig P.; Sengupta, Rajdeep
The Nobel Prize committee awarded the 2006 Nobel Peace Prize to Muhammad Yunus and the Grameen Bank "for their efforts to create economic and social development from below." The microfinance revolution has come a long way since Yunus first provided financing to the poor in Bangladesh. The committee has recognized microfinance as "an important liberating force" and an "ever more important instrument in the struggle against poverty." Although several authors have provided comprehensive ...
COPYRIGHT 2008 Federal Reserve Bank of St. Louis
This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
For permission to reuse this article, contact Copyright Clearance Center.