2024- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
- 2009
- 2008
- 2007
2006
Entropy- About Work
- Cartography
- Unplugged
- Fledermaus
- Nickels and Dimes
- Voxel Sphere
- Moo Down
- Googled
- Night Vision
- Teamwork
- Carleton
- Design Patterns
- Table Sorter
- Course Correction
- MobWrite
- Instant Delete
- Beirut
- WbOsMuRtPtE
- Diff, Match & Patch
- Fuzzy Patch
- Fuzzy Match
- Diff Cleanup
- What's the Diff?
- Diff Accelerators
- Widget
- Lord of the Rings
- Makers
- Generic Icons
- Colour Picker
- 2005
- 2004
- 2003
- 2002
Nickels and Dimes
25 November 2006
Micro-finance is the business of providing very small or short term loans to individuals. Muhammed Yunus started the micro-finance ball rolling in Bangladesh and it is quickly spreading throughout the developing world.
- Micro-finance in the news:
- Micro-Finance: A Way Out of Poverty
- Credit is a human right, says Nobel winner Yunus
- Helping the poor a few dollars at a time
- Credit is a human right, says Nobel winner Yunus
Meanwhile, something similar is happening in the developed world. Payday advance companies are sprouting almost as fast as Starbucks outlets. They provide small, short-term loans to individuals.
- Payday advance in the news:
- Stupid Investment of the Week
- The Exorcism of Payday Loans
- Payday loan limits are long past due
- The Exorcism of Payday Loans
Micro-finance and payday advance are essentially the same creature. They both offer small loans to people the banks won't touch. The interesting thing is that if one offers them in the developing world one (literally) gets the Nobel prize, whereas if one offers them here one is called "criminals or devils". Eh?
