Unscathed by financial crisis, Grameen shows that ?poorest of the poor? can be creditworthy

Grameen shows poorest of poor can be creditworthy BANGKOK ? The global financial crisis has highlighted a curious success story: A bank that doles out loans to some of the world’s poorest, least-creditworthy people continues to have a payback rate of nearly 100 percent. Nobel Peace Prize winner Muhammad Yunus, known as the “banker to the poor,” [...]

Read this article...