A fascinating thing these micro loans
As an instrument of development policy and micro-loans are called. Frequently, these are cited as successful examples in the context of the management concept of "Base of the Pyramid". This micro-loans are not a new invention. The cooperative model is based on self-help and solidarity, and it was invented 150 years ago, after working today, many microfinance institutions in developing countries. As early as 1976 there were in Bangladesh, such a program, initiated by Muhammad Yunus. From it emerged in 1983, the Grameen Bank. Later in 2006, Yunus and Grameen Bank received for these efforts to "economic and social development from below" the Nobel Peace Prize.
came the idea of Microcredit back in the early 1990's, when there was the ever-increasing number of start-ups out of unemployment a growing funding gap. In the Netherlands was a model. It was called Aunt Agatha and served for the activation of private capital for entrepreneurs. In 1996, France founded the nonprofit Adie, which now has about 100 branches and annually awards more than 10 000 micro loans to the unemployed and welfare recipients. In 1995, the World Bank Consultative Group to Assist the Poor (advisory group to support the poor). 200 million U.S. dollars should be mobilized to microcredit. The first highlight was the development of the Micro Credit Summit in the late 90 years. In the
Microfinance faced by the United Nations is an important tool for achieving the Millennium Development Goals to reduce poverty. It was already the year 2005 was proclaimed the Year of Microcredit. Since 2006, there is the internet the ability to micro-loans provided directly to a self-selected borrowers in a developing country. This is such a credit schufa free . The coming years will show how it will look on the field of micro-credit assignment on. In many countries it is only at the beginning of this fascinating new ways to lend.
