Word: burrus
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Dates: during 1990-1999
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Yunus is not the only Third World visionary to teach Americans to think more creatively about credit. "The U.S. is seven to eight years behind the rest of the world when it comes to lending to the poor," says William Burrus, executive director of Accion International, a private development organization in Cambridge, Mass. Accion has loaned $75 million to workers in Central and South America and created 100,000 permanent jobs. When Accion decided to widen its mission to fight poverty in the U.S., it dispatched Delma Soto-Larsen to start a self-employment project in the Williamsburg section...