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Small loans to Small entrepreneurs-micro-finance in Africa

Posted by :ruchiahuja60

In this short, provocative talk, financier Sangu Delle questions whether microfinance — small loans to small entrepreneurs — is the best way to drive growth in developing countries. "We seem to be fixated on this romanticized idea that every poor person in Africa is an entrepreneur,” he says. "Yet, my work has taught me that most people want jobs.” Delle, a TED Fellow, makes the case for supporting large companies and factories — and clearing away the obstacles to pan-African trade.

Video Transcript:

This video is about the details of microcredit in Africa. It shows how the microcredit flourished in Africa. This microcredit follows the Mo model, which is named under African businessman Mo Ibrahim. 

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Tag(s) : microfinance, microfinance in Africa, small entrepreneurs, loan finance, finance loan,    

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