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MONTREAL - As global stock markets plummet and the world's economy slumps ever deeper, experts say investing in the poor through microcredit is proving both a secure and noble option.— Brandon Sun Online - Top Stories
While not completely insulated from market forces, microcredit or micro finance - the Third-World-inspired idea of lending small amounts of money to the poor so they can develop self-sustaining small businesses - is grassroots and more a part of the "informal economy,"— Brandon Sun Online - Top Stories
While the Canadian International Development Agency invested $76 million in microcredit programs in places like Asia, Africa and the Middle East last year alone, investing in microcredit is not simply the domain of charitable organizations.— Brandon Sun Online - Top Stories
As people lose their jobs or find their hours cut in tough economic times, many will look for ways to supplement their income and may turn to microcredit, according to Geller.— Brandon Sun Online - Top Stories
A guaranteed term investment in microcredit, she suggests, is an alternative that's nearly as liquid.— Brandon Sun Online - Top Stories
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