Five years ago Gulbadan Nesa was destitute, unable to feed her family.Straight from oppressed world-poor to entreprenuer. You've gotta love it.
An economist's simple yet revolutionary idea — in the form of a $90 loan — changed her life, pulling the Bangladeshi villager out of a devastating cycle of poverty.
She used the money she borrowed from Garmeen [a bank] in 2001 to buy egg-laying chickens, and parlayed her investment into a business that today sells construction materials.
[Muhammad] Yunus' notion — today, known as micro-credit — has spread around the globe in the past three decades and is said to have helped at least 100 million people take their first steps out of poverty.All the communists must be hopping mad.
If we could kill all of the stupid regulations and taxes on business in this country, we could solve our poverty problems as well.