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Microcredit campaigners claim success in helping world’s poorest
"The loans to 82 million poorest clients affected 410 million family members."
- Sam Daley-Harris, Microcredit Summit Campaign director
San Marcos, San Salvador, El Salvador - A program aimed at helping the world's poorest people with small business loans is well on its way to achieving its goal of reaching 100 million people, US-based activists said.
The small loans average around 100 dollars and are often granted to illiterate individuals. No collateral is required.