By David Stoker, Guest Author After 2005 was declared the year of Microcredit and 2006 had the father of microcredit, Muhammad Yunus, being awarded the Nobel Peace Prize, microcredit has become a mainstream concept and strategy in poverty alleviation. (Even my eighty-year old grandfather is a lender on Kiva.org now) However, with increased attention comes
Raj continues to address his concept of taking bandwidth to underdeveloped populations. SM: It is just sunk costs, that should be OK. RR: They just need to bite their tongues and assume it is all lost, and it will come back via economic growth. So, that is the first problem I would like to solve;