Micro-lending Muhammad Yunus- The poor mans Banker, on his quest to explain economic deprivation otherwise bring us this: He said, “People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.” This short quote reduces John Moses Kamaras analysis some few months ago which drew a correlation between poverty in developing economies to laziness and as such lack of knowledge or plain stupid.
Posted on: Thu, 17 Oct 2013 20:23:19 +0000
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