Stanford Social Innovation Review : Informing and inspiring leaders of social change

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Dr Muhammad Yunus - Reaching the Full Potential of Microfinance

Microfinance, the extension of small loans to entrepreneurs too poor to qualify for traditional bank loans, has proved to be an effective strategy for raising millions of families from poverty worldwide. Nobel Laureate Muhammad Yunus, who pioneered the microloan revolution in Bangladesh, explains in this audio lecture how he saw rural poor and women struggle against deeply institutionalized economic systems, and realized the massive change that small loans could provide.

Listen to this podcast.

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