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Micro loans bring light to rural poor | Green Business | Reuters

World: Micro loans bring light to rural poor

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Gifted submitted 2009/10/28 12:39, published 2009/10/28 12:38 | 295 views
Tags: Candles, electricity, India, Indian, Reuters, AHMEDABAD, Africa, lamps, illumination.

http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE59Q01J20091027

AHMEDABAD, India (Reuters) - When night falls in remote parts of Africa and the Indian subcontinent, hundreds of millions of people without access to electricity turn to candles or flammable and polluting kerosene lamps for illumination.

Slowly through small loans for solar powered devices, microfinance is bringing light to these rural regions where a lack of electricity has stymied economic development, literacy rates and health.

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