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:
“The English are probably more capable than most peoples of making revolutionary change without bloodshed. In England, if anywhere, it would be possible to abolish poverty without destroying liberty.”
—George Orwell (1903–1950)
“A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
—William Booth (1829–1912)