Microlending Makes Jump to Developed World, Funding Small U.S. Entrepreneurs

September 13, 2012 - 1:39pm
When Grameen Bank founder Muhammad Yunus won the Nobel Peace Prize for microlending in Bangladesh, he wanted to prove that the concept could work in the developed world. Special correspondent Fred de Sam Lazaro reports on efforts to give microloans to Americans attempting to become new entrepreneurs and small business owners.
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When Grameen Bank founder Muhammad Yunus won the Nobel Peace Prize for microlending in Bangladesh, he wanted to prove that the concept could work in the developed world. Special correspondent Fred de Sam Lazaro reports on efforts to give microloans to Americans attempting to become new entrepreneurs and small business owners.
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