Economics
- Microloans
- The Story
- A difference equation to determine what the future of our program might look like.
- We used "bad dynamics" in our program:
- since there's no interest, there's no sustainability;
- since there's no group to join, there's no social pressure to pay.
- "Ranquitte needs an industry...." Ivy Salomon
Links:
- Grameen -- Banking for the poor ("The Norwegian Nobel Committee has decided to award the Nobel Peace Prize for 2006, divided into two equal parts, to Muhammad Yunus and Grameen Bank for their efforts to create economic and social development from below.")
Website maintained by Andy Long.
Comments appreciated.