Then a sturdy structure can be built upon a foundation of fairness and reliability. With microcredit, we usually see steady improvement in nutrition, health, education, housing and most of all, dignity and self-esteem. Credit for the poor used to be a laughable concept. Thanks to the work of microcredit organizations around the world, it is now a known and celebrated fact that the poor are credit worthy. Neighborhoods with microcredit programs improve and rather quickly, too, as new money circulates.
More local money is available to purchase local products and services.
The woman selling mangos from a basket on her head takes out a loan for working capital. Her customers ask if she has any bananas. She doesn't, but now she has a little working capital and can have bananas tomorrow, or eggs, or whatever her customers are asking for. Now she has more disposable income, so she buys a blanket. The owner, who is probably struggling, makes a little more money, becoming an indirect beneficiary of the loan.