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BizDaily: Lending to Africa's Poor

October 21st, 2014

Episode 56 of 647 episodes

We look at a credit crisis in Africa. It's not the kind where there's too much money sloshing around, for most poor Africans there's none at all. 80% of Africans don't even have a bank account, let alone any formal way of getting a loan, and many say the banks are excluding them. A Nobel prizewinner condemns governments and banks for effectively excluding the world's poor from micro-credit.

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