Wisdom From The Top with Guy Raz cover image

Acumen: Jacqueline Novogratz

Wisdom From The Top with Guy Raz

CHAPTER

Rwandan Women's Microfinance Bank

Rwandan women were not allowed to take out loans under Napoleonic code until 1986. Women, the average income at the time was about $112 a year. "I look back now as it was a radical move, but it was also crazy," she says of her co-founders' decision to ask even poor women to contribute to microfinance bank.

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