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Student travels far and wide to learn about microfinance

DU Today

Julie Markham stumbled upon an article in Forbes magazine ranking the top-50 microfinance institutions in the world. Little did she know it would have a profound impact on her education, and possibly her career.

After reading the article, Markham--who's on track to graduate in June 2010 with a with a BSBA degree in real estate/finance, a minor in leadership studies, an MBA, and a MS in real estate and construction management--decided to learn more about microfinance and has since spent part of the past year studying microfinance in locales around the globe.

"Microfinance focuses on giving small loans to people who live below the poverty line and are considered by commercialized institutions as ?unbankable? because of their lack of collateral," she says. "Microcredit loans help give borrowers the necessary financial leverage to build wealth and potentially rise out of poverty."  more>