The Free Dictionary  
mailing list For webmasters
Welcome Guest Forum Search | Active Topics | Members

Microcredit Options
Daemon
Posted: Sunday, January 22, 2017 12:00:00 AM
Rank: Advanced Member

Joined: 3/7/2009
Posts: 22,006
Neurons: 66,021
Location: Inside Farlex computers
Microcredit

Microcredit is the extension of small loans—which are not secured by collateral and often require repayment in weekly installments—to poor individuals for use in income-generating activities that will improve the borrowers' living standards. The concept of microcredit was developed in 1976 by Muhammad Yunus, a Bangladeshi economist, as a means of alleviating poverty and improving the lives of Bangladesh's poorest inhabitants. What group comprises the majority of microcredit borrowers? More...
Users browsing this topic
Guest


Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Main Forum RSS : RSS
Forum Terms and Guidelines. Copyright © 2008-2017 Farlex, Inc. All rights reserved.