Thursday, May 27, 2010

Grameen bank in Colombia

One last note before I tuck in for the night. Yesterday Grameen-Aval bank opened in Colombia. It's a joint operation between a Colombian finance group and the Grameen Trust, the microcredit system founded in Bangladesh by Muhammad Yunus. I'm excited that such a thing is coming to our country, especially since Colombia often wants so much to believe that it's a prosperous, bourgeois country that it neglects its poor. Here's a press item from some law firm describing the joint venture.

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