Nina Beina, a widowed mother of 11, couldn’t wait to give me a tour of the land she had just bought. She beamed as she showed me the site where her children will build their homes.

Ms. Beina isn’t a real estate mogul, and like most people here she has no access to banks or formal loans. But she was able to buy the property through a program arising from one of the hot ideas in the global fight against poverty — microsavings. With the help of Catholic Relief Services, an international humanitarian organization, Ms. Beina and her neighbors recently started their own savings group.…  Seguir leyendo »