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korzon · 07-17-2004, 01:43 PM

Hi,

I'm just wondering what's everyone's news about micro financing in the third world as a business and as a way for fighting world poverty.

Personally, I think that while there are many obstacles and disaster stories that put a negative grim on the whole subject, the business potential is real. I think most corporations are either too scared or too misinformed to get into it (They think about it as charity rather than a business, which it's not).

07-17-2004, 01:43 PM
korzon Confirmed User Join Date: Jan 2004 Posts: 1,524	Micro financing in the third world Hi, I'm just wondering what's everyone's news about micro financing in the third world as a business and as a way for fighting world poverty. Personally, I think that while there are many obstacles and disaster stories that put a negative grim on the whole subject, the business potential is real. I think most corporations are either too scared or too misinformed to get into it (They think about it as charity rather than a business, which it's not).