“Poverty is unnecessary” Mohammad Yunus. Although the term is new, the concept of micro-finance has been used throughout history. It has been dated way back to the 1700s, where the poor were given a small number of loans to the lower class. Moving forward, Muhammad Yunus played a key role in shaping the new version of microfinance around the 1970s. The story of the “Banker for the poor” started when Mohammad Yunus helped a group of women. These 42 women had the talent of making … [Read more...] about What is micro-lending?