Community Development Banks: Enabling Access to Finance for Poor Communities
September 16, 2013 21:00
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Community Development Banks (CDBs) are a growing and dynamic manifestation of the solidarity economy in Brazil. This unique system of solidarity finance is currently in place in more than 100 Brazilian municipalities. Created by local associations to (re)organize local economies, they develop financial tools (microcredit, social currency, correspondent banking) governed and organized by the users...
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