Micro-credit: Loans to poor micro-enterprises. Muhammad Yunus, Nobel Prize winner for his efforts with Grameen Bank in Bangladesh.
Micro-finance: A movement that envisions "a world in which as many poor and near-poor households as possible have permanent access to an appropriate range of high quality financial services, including not just credit but also savings, insurance, and fund transfers."
Idea: Teach and direct families to explore micro-credit and micro-finance opportunities.
(1) The power of a savings account to begin the process of saving money for the future.
(2) The opportunity to gain access to a small amount of credit to build a business.
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