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:
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“Denouement to denouement, he took a personal pride in the
certain, certain way he lived his own, private life,
but nevertheless, they shut off his gas; nevertheless,
the bank foreclosed; nevertheless, the landlord called;
nevertheless, the radio broke,
And twelve o’clock arrived just once too often,”
—Kenneth Fearing (1902–1961)