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MrWhy.com » Videos » Power from the people – Small towns take out loans from residents |
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Power from the people – Small towns take out loans from residents
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Power from the people – Small towns take out loans from residents
When times are tough and banks pose higher hurdles for loans, local communities are forced to become creative in their search for extra funds. Some are too small to issue the municipal bonds normally used to fund public projects. The town of Willich in western Germany is now approaching its potential funders directly: its own residents.
Video Length: 0
Date Found: August 22, 2010
Date Produced: August 20, 2010
View Count: 0
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