To Our Credit examines an emerging trend in finance: small loans made to low-income individuals to help generate self-employment.
To Our Credit explores an exciting new strategy to combat poverty: microcredit, known in America as microenterprise development. It is the practice of extending small loans and other support to low-income people to help them create their own employment. Microcredit is a dramatic departure from traditional charity or welfare programs: money is loaned, not given; repayment is required; interest is charged. In a world where capital is king, the effect can be remarkable.