Will microcredits work in China? I do hope it can be tried.
chinokino
头衔: 海归准将 声望: 博导
加入时间: 2005/05/09 文章: 3400
海归分: 154125
"Anyone can qualify for a loan — the average is about $200 — but recipients are put in groups of five and once two members of the group have borrowed money, the other three must wait for the funds to be repaid before they get a loan."
I have to admire Muhammad Yunus for this brilliant idea.
