Microcredit Explained - Does it work ?

Описание к видео Microcredit Explained - Does it work ?

Microcredit — the extension of very small business loans to impoverished borrowers who often lack collateral, steady employment, or a credit history — is a widely popular concept. But just how successful has microcredit been in breaking the poverty trap in developing countries?
“The Rise and Fall of Global Microcredit: Development, Debt and Disillusion” co-editor Milford Bateman explains the practice of microcredit.

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