The Marvels of Microcredit

(12 Nov 06 - RV) Nobel laureate and economist Muhammad Yunus is just one of the 2,000 delegates arriving in Halifax, Canada today for the World Micro Credit Summit. Bankers, economists and poverty campaigners aim to reach 100 million of the world’s poorest families with microcredit loans by the end of 2006.
Dalia Palchik is the summit campaign director. She says that Yunus has shown how microcredit works in bringing families out of abject poverty...