Tackling poverty through micro-loans
Tackling poverty through micro-loans
J. A. Roy Bodden writes: I have long advocated that the most practical and risk-free solution to assisting the poor in the Cayman Islands is the establishment of a system of micro-industries modelled off what Muhammad Yunus has done in Bangladesh. In this model, borrowers are advanced small sums of up to $5,000 to set up cottage industries such as producing jams, jellies and other preserves,…
View On WordPress












