Tag: Grameen Bank
-
A better mattress
Economist: A better mattress Microfinance focuses on lending. Now the industry is turning to deposits. IT IS hard for people in the rich world to imagine what it is like to live on $2 a day. But for those who do, the problem is often not just a low income, but an unpredictable one. Living…
-
The Business of Global Poverty
Harvard Business School Working Knowledge: The Business of Global Poverty According to the World Bank, nearly half the world's population—some 2.8 billion people—subsists on $2 a day or less. The number of people living in poverty at the bottom of the wealth pyramid, versus the relative handful at the pyramid's peak, represents what is potentially…