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Martine Franck
1992
Bank for the poor. Contigo Bank of Santiago.
PAR12425
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Martine Franck
Bank for the poor. Contigo Bank of Santiago.
In the suburb of Santiago in Chile, in the shantytown of Jose Maria Caro, a group of six french economics are attempting a new way of banking outside the circuit of large banks that would require massive guarantees. In a year and a half, 600 persons have been receiving loans and training to manage a small business such as new recycling and manufacturing home industries.
Nicolas CORDIER, responsable du programme de formation, visite l'une de ses clientes, Rosa JIMENEZ, qui possède une petite confiserie et a emprunté 800 $.
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FRM1992019W00005/33
(PAR12425)
© Martine Franck/Magnum Photos
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CHILI.
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