When Small is Big: Microcredit and Economic Development

Microcredit - the extension of small loans - gives people who would otherwise not have access to credit the opportunity to begin or expand businesses or to pursue job-specific training. These borrowers lack the income, credit history, assets, or security to borrow from other sources. Although the po...

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Bibliographic Details
Main Author: George Brown
Format: Article
Language:English
Published: Carleton University 2010-10-01
Series:Technology Innovation Management Review
Online Access:http://timreview.ca/sites/default/files/Issue_PDF/november10_osbr.pdf