Microcredit

Microcredit loans are designed to help lift the world's poorest people out of poverty. Usually reserved for those with no access to the banking system, they enable entrepreneurs to start up their own business, thereby generating an income. But even with the relatively low interest rates imposed, many borrowers still struggle to pay back what they owe. Celebrating the progress of micro-entrepreneurs whose experience has been a success, the International Microfinance Awards take place at the Louvre in Paris on November 26, 2012. VIDEOGRAPHIC