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The Brian Lehrer Show

Bankers for the Unbanked

Thursday, May 01, 2008

Last month, microcredit lender Grameen Bank brought its unique style of lending to Queen’s mainly immigrant neighborhood of Jackson Heights. Ritu Chatree of Grameen America discusses how the methods from the East are faring in the West.


Comments

  • [1] Jim May 01, 2008 - 11:38AM

    In Bangladesh, I thought the loans were for those in extreme poverty. Does Bangladesh have entitlement programs. In America the poorest of the poor are on welfare and food stamps. Why would someone open a business when they can collect food stamps and welfare?


  • [2] hjs from 11211 May 01, 2008 - 11:42AM

    jim,

    haha, you know people don't want to "collect food stamps and welfare?"
  • [3] AFB from New York May 01, 2008 - 11:44AM

    Sorry Jim you are living in a dream world. Vote for Reagan in November! You can write him in!
  • [4] Carol from NYC May 01, 2008 - 11:49AM

    Don't forget about Project Enterprise (projectenterprise.org) - in operation for over 10 years and deeply established in NYC's low-income neighborhoods. PE's mission: To support and develop entrepreneurs and small businesses in under-resourced communities in New York City. By providing micro loans, business development services and networking opportunities, Project Enterprise helps entrepreneurs increase their standard of living, create jobs for their communities, and build financial assets.


This thread is closed.


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