Sentence examples for the tiny loans from inspiring English sources

Initially the work of nonprofit groups, the tiny loans to the poor known as microcredit once seemed a promising path out of poverty for millions.

Microfinance, for example, does not turn the poor into entrepreneurs, as was hoped, but does make them better off: many use the tiny loans to buy television sets.

A more likely explanation is that conventional banks cannot justify the costs of making the tiny loans, often of a few dollars, in which Grameen specialises.

But not all of their colleagues in the world of microlending — so named for the tiny loans it grants — are heaping praise on the co-executives of Compartamos.

Mr. Khosla was in Shamsabad one afternoon in February listening to rural women recount how the tiny loans they had received from a microfinance program run by Share Microfin had helped them start home-grown businesses, transformed their poverty-striken lives and made better education possible for their children.

The tiny loans appeal to both idealistic aid workers and gimlet-eyed bankers.

This was partly deliberate policy (the country invented microcredit and these tiny loans were targeted at women).

By now, the Grameen Bank has made millions of these tiny loans, totaling $2.5 billion.

Her demeanor turned a bit testier, however, when asked about her relationship with Muhammad Yunus, a Nobel Peace Prize laureate and the founder of Grameen Bank, a pioneer of microfinance — the granting of tiny loans to the poor.

NEW DELHI — Muhammad Yunus, the Nobel Peace Prize laureate and Bangladeshi microfinance pioneer who popularized the notion of giving tiny loans to the poor, lost his legal battle on Tuesday to hold on to his job as managing director of the bank he created more than 30 years ago.

Bangladesh was also the home of microcredit, tiny loans for the poorest.