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:
“Only the history of free peoples is worth our attention; the history of men under a despotism is merely a collection of anecdotes.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)
“Life is a long Dardenelles, My Dear Madam, the shores whereof are bright with flowers, which we want to pluck, but the bank is too high; & so we float on & on, hoping to come to a landing-place at last—but swoop! we launch into the great sea! Yet the geographers say, even then we must not despair, because across the great sea, however desolate & vacant it may look, lie all Persia & the delicious lands roundabout Damascus.”
—Herman Melville (1819–1891)