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When The Poor Became Profitable [1]

Shriya Mohan traces the Indian microfinance story and what stops it from making a dent in poverty

When Muhammad Yunus, winner of the Nobel Peace Prize in 2006, showed the world what a small loan could do to a group of poor villagers in Bangladesh, people wondered why such a simple idea had never been thought of before.

Publication Date: 
22/11/2008
Tehelka (New Delhi) [2]
Tags:
Finance [3], Poverty [4], National Bank For Agriculture And Rural Development (NABARD) [5], India [6]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/when-poor-became-profitable

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/when-poor-became-profitable
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/tehelka-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/poverty
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-bank-agriculture-and-rural-development-nabard
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india