11 ms·
This is a beautifully succinct summary of the issue. It explains why micro financing can elevate people in Africa from abject poverty, but why it's extremely ha
by roel_v 11y ago
This is a beautifully succinct summary of the issue. It explains why micro financing can elevate people in Africa from abject poverty, but why it's extremely hard to lift the bottom 5% in the West (apart from the fact that someone needs to be in the bottom 5%...)