starting micro-finance in the US

Mohammad Yunus is bringing Grameen America to help lift people here in my own country. Hallelujah! In the long term, this is really the only way that families, communities, and our whole nation is going to bring prosperity to more of the poor: by help people help themselves.

One interesting side note: the first effort in Queens, New York shows much of the regulation we have here is a roadblock to their work:

• "Here, there is more regulation, so a person cannot just set up a cart and sell cakes without a permit."

• "Rules for setting up a bank are cumbersome for a micro-operation."