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 word peoples:
“It is a quite remarkable fact that the great religions of the most civilized peoples are more deeply fraught with sadness than the simpler beliefs of earlier societies. This certainly does not mean that the current of pessimism is eventually to submerge the other, but it proves that it does not lose ground and that it does not seem destined to disappear.”
—Emile Durkheim (1858–1917)