Posted by: Sabine Kurjo McNeill | February 1, 2009

Microcredit institutions under pressure

This German news item comes from Franz Alt, a dedicated journalist reporting on generally ‘green’ events.

The German Ministry for Economic Cooperation and Development has now asked the Development Bank KfW to provide a fund of $m 130 to alleviate shortfalls for microcredit institutions.

The Minister for Development said: “We have to make sure that those who contributed least to the crisis, don’t suffer from it the most.”

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