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John Borthwick and Kenneth Lerer
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Blog Entries by John Borthwick and Kenneth Lerer

Micro-Giving: A New Era in Fundraising

Posted December 24, 2008 | 17:05:26 (EST)

Thirty years ago, a young economics professor named Muhammad Yunus started a new kind of banking in Bangladesh -- tiny loans to small entrepreneurs. Few thought these dreamers in a dirt-poor country would ever repay. But most did --- and in 2006, Yunus won the Nobel Peace Prize.

Micro-lending has...

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