Microfinance pioneer laments crisis as missed opportunity

Pile of multi-coloured 100-share stock certificates

Western governments have failed to capitalise on an opportunity to change their banking model after the financial crisis, said Muhammad Yunus, the founder of the Grameen Bank, one of the most popular providers of microfinance.

Yunus told an audience in London on Wednesday that western governments had missed a good chance to reflect on the flaws of the current system and change the way people get access to finance. "Now is a good time to unpack and start looking at the holes in the financial syst

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