My New Ear at the Microcredit Summit
I am at the UN's panel on Microcredit Summit. Now I get to use that translating ear piece that I always see at UN meetings.
This panel is amazing. They r presenting a 10 yr study of microfinance in Bangladesh and Bolivia of how microdredit has brought millions out of poverty. Banks traditionally give MacroCredits (thousands to millions) to the rich. MicroCredit gaves small loans like $20-$100 to the poor. Today's panel is presenting a paper on the impact of MicroCredit provided with reproductive health and finance ed services on offering women a dignified route out of poverty.
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