Microcredit, Macro-Goals
By Ivy Kwek
March 2012 FEATURE
In 2009, the Penang state government decided to help small businesses by providing access to microcredit. More than two years later, the man in charge of this programme, Iskandar Basha, oversees a repayment rate of 100%. Now, he has to maintain that level of success.Poverty eradication has always been a tall order, and approaches to do so over the years have been subject to much debate.You may have heard of Prof Muhammad Yunus and his microcredit programme in Bangladesh. An...
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Ivy Kwek
writes to seek answers. Her interests include socioeconomic development, politics and human rights issues.
