CiteSeerX – Micro Credit: A Different Approach To
公開日:2022/06/22 / 最終更新日:2022/06/22
Abstract: The normal approach has been to lend to these who have extra, because they are credit score worthy. So the rich get more credit score to make more money. This paper discusses another to that approach, which offers with extending credit score to the “have nots”. This paper discusses how the issues of many city poor could be solved by extending credit. The paper reveals how the poor are simply as credit worthy from historic perspectives. The paper discusses the success of Micro Credit in Bangladesh. Microcredit packages have been viewed and instigated as an environment friendly instrument for alleviating poverty all over the world. Micro Credit was unheard of till the American educated Economics professor Dr. Muhammad Yunus began his Micro Credit score Scheme as a poverty busting software. However what’s the idea of Micro Credit generally identified to the banking community and how does it work? Dr. Yunus from the beginning believed it is a software to alleviate poverty.
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