About this videoMuhammad Yunus, Nobel Prize in Peace 2006 and the Grameen Bank have developed the revolutionary concept of microcredit: A loan for poor people based on trust which doesn't require a collateral, government intervention nor complex regulations. This project started in Bangladesh and nowadays, it has become into a self-sustainable bank that has helped millions of people living in poverty. This idea has spread out in all continents. In fact, there is microcredit project developing with the people of a village in the region of Lake in Guatemala.
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CreditsInterview with Muhammad Yunus by Luis Figueroa |