The World Bank

The World Bank

"In 1997, the World Bank loaned $37 million to help finance ILD's work. This loan has helped over four million Peruvians become part of the formal economy, and has created close to $6 billion in assets simply by getting property registered, titled, and valued. As a result, banks have been increasingly willing and able to make loans to applicants whom they had previously turned away because of the inability to verify asset and income data."

The World Bank Group
DevNews Media Center, 23 July 2002
United Nations

 

 


 

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