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Tag: Microcredits

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  • Savings, not credit

    Savings, not credit

    More than four decades ago, the idea of microcredit was born out of a radical concept ~ poor people, when lent small amounts of money, pay back in a timely manner. In the meantime, that money can be put to use in ways that help boost income, such as rearing goats or weaving carpets. These …

    August 26, 2017