The website MYC4 may have found a good solution to the problem of high interest microcredit loans. MYC4 lets lenders compete in an online action for the right to give a loan to a small African business. The lender with the lowest interest rate wins the auction.
From CNN, reporter Max Foster interviews Tim Vang one of the founders of MYC4.
Austerity-era benefit cuts plunged nearly a quarter of British children
into poverty, study finds - The Independent
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Austerity-era benefit cuts plunged nearly a quarter of British children
into poverty, study finds The Independent
3 hours ago
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