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Day: July 11, 2019

Microcredit: Development Aid in the Western World – Business loanMicrocredit: Development Aid in the Western World – Business loan


Muhalled Yanos won the Nobel Peace Prize in 2006: microcredit. He developed a business loan system for small entrepreneurs, who had no chance of gaining a foothold at large cooperatives. He and his Grandy Bank helped countless families, gave new impetus to the Nobel Prize under discussion, and now his ideas seem to bring even […]