The Peoples Bank
In 1989, The Peoples Bank was founded by the government, and Tai Solarin became the first Chairman. The bank was created to disburse soft loans and other forms of credit to the very poor to start their own businesses.
Read more about this topic: Tai Solarin
Famous quotes containing the words peoples and/or bank:
“If we justify war, it is because all peoples always justify the traits of which they find themselves possessed, not because war will bear an objective examination of its merits.”
—Ruth Benedict (1887–1948)
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)