Angola: Vice President Invited to Assess Effects of Micro-Credit
Luanda — The Vice President of the Republic, Fernando da Piedade Dias dos Santos, was this Friday invited to Bangladesh in order to assess the advantages of the attribution of micro-credits to disadvantaged families.
The invitation was made by the president of the Grameen Ban, Muhammad Yunus, during an audience in Luanda.
Speaking to the press, Muhammad Yunus, laurette of the 2006 Nobel Peace Prize, said that he discussed with Fernando da Piedade the advantages of attribution of micro-credits and the success obtained by this policy in his country (Bangladesh), which has already been adopted by various countries, and might also be applied in Angola .
He informed that the Vice President of the Republic was impressed with the implementation of the programme, which is aimed at putting an end to poverty. In his view, Angola has possibilities to eliminate poverty, through the lending of money with methods of easy access by citizens.
The Grameen Bank is the first of the world specialised in micro-credit and was created by Muhammad Yunus, in 1976, with view to eradicate poverty in the world. Situated in Bangladesh, already has 2,185 agencies and, since its creation, borrowed an equivalent to USD 6.6 billion, of which 97 percent to women.
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