Small (lending) is beautiful; microfinance is proving that the poor are creditworthy, but will the movement try to grow too fast?
Article Abstract:
Bolivia's BancoSol has granted loans to 72,000 of the country's poor people, who are typically refused by banks. The new financial approach has demonstrated that borrowers without collateral can be good credit risks and that microfinance can be an effective method of eradicating poverty.
Publisher: Scientific American, Inc.
Publication Name: Scientific American
Subject: Science and technology
ISSN: 0036-8733
Year: 1997
Social aspects, Economic aspects, Finance, Poor, Bolivia, Bank loans
Publication Name: Scientific American
Subject: Science and technology
ISSN: 0036-8733
Year: 1997
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Simply, the best
Article Abstract:
Small modifications to traditional cookstove designs can significantly enhance their efficiency and environmental impact. International organizations are now actively promoting the use of such cookstoves in the developing countries.
Publisher: Scientific American, Inc.
Publication Name: Scientific American
Subject: Science and technology
ISSN: 0036-8733
Year: 1995
Innovations, Stoves, Wood, Wood stoves
Publication Name: Scientific American
Subject: Science and technology
ISSN: 0036-8733
Year: 1995
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