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In praise of usury.

Source :
Economist. 8/4/2007, Vol. 384 Issue 8540, p66-66. 1p. 1 Color Photograph.
Publication Year :
2007

Abstract

This article discusses usury and the business of offering loans to poor people. Microcreditors, those who offer small loans to self-employed poor people, are criticized by many. Some critics say that to lending to the poor enables loan sharks to be able to charge well over the odds, forcing the poor people into a spiral of debt.

Details

Language :
English
ISSN :
00130613
Volume :
384
Issue :
8540
Database :
Academic Search Index
Journal :
Economist
Publication Type :
Periodical
Accession number :
26053783