The Grameen Bank micro-credit model: Lessons for Australian Indigenous economic policy
Policy-makers have become increasingly interested in the use of micro-credit models to alleviate poverty among Australian indigenous communities. These models, such as the model developed by the Grameen Bank, work to extend small amounts of credit to entrepreneurs too poor to qualify for commercial lending. The key element of the Grameen Bank model is its peer group lending structure, which fosters mutual accountability for loans among borrowers. <p>Neither the Aboriginal and Torres Strait...[Show more]
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