Microcredit booming but still controversial

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Updated January 27, 2009 12:15:14

They talk of enterprise rather than charity to help the world's poorest, trade their way out of poverty.

More then 106 million of the world's poorest received small loans in the micro-credit movement, to realise their entrepreneurial dreams last year. However, not everyone is convinced debt is the best way to empower the poor.

Presenter: Nick Lucchinelli
Speakers: Ingrid Munro, Founder and Manager, Jamii Bora Microcredit Trust; Genevieve Sheehan, Brotherhood Of St Laurence

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