Little publicized problems with micro-credit

Sunday, April 27th, 2008

This is a bit off-topic for a blog about technology, but I posted yesterday about micro-credit financing helping people in Bangladesh setup phone business and want to follow-up with something I've found. Micro-credit has been touted as a great capitalist solution to poverty. A small loan and hard work should ...

The phone lady

Saturday, April 26th, 2008

Here is a good video about using microcredit to provide a poor remote village with a cell phone. The video is produced by the International Telecommunication Union, a special agency of the United Nations. Grameen Bank is an organization that provides micro-credit loans to people throughout the world, and provided ...