Micro Finance in Africa


The concept of providing small loans or microfinancing at little or no interest to help people in developing countries work their way out of poverty is a growing phenomenon. The loans greatly benefit those trying to develop a small business, but who have no collateral for a commercial loan. Some economists contend that microfinancing is particularly helpful for women who have to struggle against repressive social and economic conditions. VOA’s Paul Ndiho has the story.

Comments

  1. she knew how to cut you off when you started rambling! Very good production there, I like it!

  2. Benny,I appreciate your comment! I Guess you are right… Well there is no democracy in a television studio… When its time go the producers will cut you off.

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