Microfinance: Has The Revolution Bypassed Africa?

Thanks to www.care.org for this 140 page report:

Microfinance in Africa: Bringing Financial Services to Africa’s Poor, finds that simple Village Savings and Loan Associations – run primarily by poor women with no outside capital investment – successfully weathered the financial crisis while providing loans to many of Africa’s poorest people. The report tells of women – many living on less than $2 a day – who pooled a few pennies and made small loans to help people start small businesses.

Microfinance: Has The Revolution Bypassed Africa?

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