Dw News
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Global Number: Microcredits | Global 3000
Posted
January 24, 2012
Views
474
Likes
5
Engagement
1.05%
January 24, 2012
474
5
1.05%
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1:37Now PlayingOver a third of the world's population is too poor to get a loan from a regular bank. Traditionally, the banks have not been interested in this potential clientele. It was only when Muhammad Yunus and his Grahmeen Bank were awarded the Nobel Peace Prize in 2006 that microcredits achieved global fame. In 2010 over 137 million families benefited from these small-scale loans.
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