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Description
This book, finance for all, presents first efforts at developing indicators illustrating that financial access is quite limited around the world and identifies barriers that may be preventing small firms and poor households from using financial services. Based on this research, the report derives principles for effective government policy on broadening access. The report's conclusions confirm some traditional views and challenge others. For example,...
2) Kiva: U.S.A
Description
Despite its success in alleviating poverty, particularly among women, microfinance has reached only eight percent of the world's poor. San Francisco-based Matt Flannery and Premal Shah have devised the first online platform for microfinance lending. Kiva, which means "unity" in Swahili, is a website that allows individuals to lend 25 dollars to specific small business in the developing world. Kiva.org works with a network of microfinance institutions...
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