Tag: microlending

Could Microlending Develop the World?

In this podcast from HowStuffWorks.com, you will find Josh and Chuck discussing the pros and cons of microlending on a global scale. Microlending is a practice that provides funds for entrepreneurs in developing third-world countries who could not attain normal loans through standard traditional banks. Much of this problem attributes to the fact that these individuals do not have the necessary collateral,… Read more →