Eduarda Rodriguez watched helplessly as her livelihood went up in an ominous tower of flames She had been slowly building up her market stall business in this back corner of the Mercado Huembes in Managua, Nicaragua for over a decade

What are ‘microloans’ As the name implies, microloans are ‘small’ loans, sometimes as low as $100

On the west coast of India, overlooking a deep natural harbor, sits the city of Mumbai, formerly known as Bombay As far as world cities go, Mumbai is hugely significant in its size, economic output and cultural contributions

Last year, while headlines read of a fallen Wall Street and a crumbling Main Street, people in developing economies worldwide were being slowly pushed deeper into poverty and starvation “Food riots” ensued as the price of staples wheat and corn spiked at three times their average price between 2002 and2004

What is microfinance Microfinance means providing very poor families with very small loans (microcredit) to help them engage in productive activities or grow their tiny businesses

“Inequality” is a loaded word, especially in a socioeconomic context Depending on who you talk to, inequality can be used as justification for greater government intervention or be deemed an inevitable byproduct of the free market system