MicroLending
Providing small amounts of Business Credit - a new Capital Market?
Especially effective in poor areas. International Development
Some key practices:
- use of Lending Circle to provide Peer Pressure for repayment
- use of cheap/unpaid labor to handle administration
Banker to the Poor: MicroLending and the Battle Against World Poverty ISBN:1891620118 by Muhammad Yunus of Grameen Bank
The SBA does some of this, I think.
SHARE (Self Help Association For A Regional Economy, in Massachusetts)
Accion International in Latin America
Banco Solidario - Bolivia, 1992
Multi Credit - Panama, 1991
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