Small Wonder: A New Model of Microfinance for the Very Poor is Spreading

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Dec 2011
St Louis, US, December, 10 2011 - Ms Kwei is one of millions of poor people to have benefited from the hottest trend in microfinance: village savings and loans associations. Millions of people like her survive on meagre and erratic earnings. Access to the simplest financial services can help stabilise their incomes, which in turn makes them less vulnerable to diseases and natural disasters.

Full story available on publisher's website.


Source : The Economist
 

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