The concept of providing small loans or microfinancing at little or no interest to help people in developing countries work their way out of poverty is a growing phenomenon. The loans greatly benefit those trying to develop a small business, but who have no collateral for a commercial loan. Some economists contend that microfinancing is particularly helpful for women who have to struggle against repressive social and economic conditions. VOA's Paul Ndiho has the story.
2 comments:
she knew how to cut you off when you started rambling! Very good production there, I like it!
Benny,
I appreciate your comment! I Guess you are right... Well there is no democracy in a television studio... When its time go the producers will cut you off.
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