Hi there,

I believe that people who are concerned about war and peace, democracy, the climate catastrophe, and economic and racial justice, are not a fringe minority, not even a silent majority, but the silenced majority—silenced by the corporate media. But we can't do it without your support. Thanks to a group of generous donors, all donations made today will be TRIPLED, which means your $15 gift is worth $45. With your contribution, we can continue to go to where the silence is, to bring you the voices of the silenced majority. Every dollar makes a difference. Thank you so much!

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate
Independent Global News

History of Micro-Lending and Grameen Bank

StorySeptember 06, 1996
Listen to Full Show
Listen
Media Options
Listen
Related

Many have criticized President Clinton’s welfare reform plan which cuts federal cash assistance to women and children without guaranteeing jobs that will lift families out of poverty. One alternative to welfare that’s gaining popularity and success around the world is micro-lending, providing small, short term loans to women to help them start and sustain small businesses. It started in Bangladesh, where a man named Muhammad Yunus founded the Grameen Bank to make loans to people who have no credit history and no collateral, and now similar lending programs are underway in the united states.

Related Story

StoryDec 16, 2024Reporter Ken Klippenstein on Publishing Luigi Mangione Manifesto & Internal UnitedHealth PR Memos
Guests
  • Alex Counts
    author of Give Us Credit, How Muhammad Yunus’ Micro-Lending Revolution Is Empowering Women From Bangladesh to Chicago
  • David Bornstein
    author of Price of a Dream: The Story of the Grameen Bank and the Idea That Is Helping the Poor Change Their Lives
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.
Daily News Digest
Our Daily Digest brings Democracy Now! to your inbox each morning.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top