Financial Services (105)
Finance fights poverty
Microcredit is the extension of very small loans (microloans) exclusively for women in poverty, with the goal of helping them cultivate business skills and entrepreneurship. Microcredit is a part of microfinace, which provides a wide range of financial services to the very poor.
Why it matters
Microcredit combines economically viable future growth for finance companies with a social benefit in the fight against poverty. Is this another example of how social causes can become an integral part of business practice?
Classic German camera manufacturer Leica has aligned with French fashion brand Hermès to present the ultra rare M7 luxury camera edition. The silver chromed models come with an anodized silver 35mm lens, in a limited edition of 200. Whether you prefer the orange or etoupe calfskin leather version – for only $14,250 it could be yours!
From 10.06.09 until 10.09.09 Absolute Bank will cancel all penalty fees owed by their customers if they agree to pay 10% of their debt off at a time.