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A comment on Does ‘microlending’ actually fight poverty?.

Re:Does ‘microlending’ actually fight poverty? by johndoe77 on Sunday September 20, 2009 @09:40PM (#833848)
I would say yes. The 2006 Nobel Peace Prize was awarded to Muhammad Yunus of Bangladesh for helping millions.

http://www.rediff.com/news/2006/oct/13nobel.htm

Former President Bill Clinton just name dropped Yunus on The Daily Show this week. He mentioned that a microlending bank has up popped up in NYC.

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Re:Does ‘microlending’ actually fight poverty? by anamax on Sunday September 20, 2009 @10:09PM (#833872)
The Nobel Peace Prize has been given in recognition of several dumb ideas.
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Re:Does ‘microlending’ actually fight poverty? by philwelch on Sunday September 20, 2009 @10:50PM (#833909)
I think it's been awarded multiple times for "solving" the Israel/Arab conflict.
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Re:Does ‘microlending’ actually fight poverty? by tybris on Monday September 21, 2009 @06:13AM (#834300)
Thorough MIT study says no, yet price that is awarded to corrupt and sometimes criminal statesmen all the time says yes.

I guess that means yes.

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