Muhammad Yunus, founder of the Grameen Bank, won the Nobel Peace prize today (New York Times - “Microloan Pioneer“). I report on Mr. Yunus in an earlier blog post (”Father of Microcredit“). If you are interested in contributing to a microcredit organization, the following organizations are two good choices.
- Grameen Bank: Microcredit pioneer focusing mostly on South and East Asia, with operations in Middle East and India
- ACCION - Microcredit NGO focusing more on Latin America, with operations in Southeastern Africa and India.
- FINCA - Provides financial services to poor rural individuals operating in Central America, Central/Eastern Africa, and Eurasia/Central Asia.
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March 26, 2007 at 3:21 pm
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