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Microcredit plants seeds of success in Africa

(CNN) -- Microcredit programs make a difference on the ground level around the world by providing seed money to the poor to start businesses.

Such programs reach people who normally would not qualify or even know about traditional financial services.

Representatives of several African countries took part earlier this month in a summit in Zimbabwe on microcredit programs in their region.

These two reports from CNN correspondents look at how microcredit helped individuals make the transition from poverty to successful entrepreneurs in Kenya and Zimbabwe.

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*RELATED VIDEO
Catherine Bond

CNN Nairobi Bureau Chief
CNN's Catherine Bond shows how microcredit loans have helped people in Kenya

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Bob Coen

CNN Correspondent
CNN's Bob Coen shows how microcredit loans have helped people in Zimbabwe

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(QuickTime, Real or Windows Media)


RELATED STORIES:
CNN.com In-Depth
  • AIDS: Africa in Peril
  • Virtual Villages
CNNfn.com

RELATED SITES:
Grameen -- Banking for the Poor
Microcredit Summit Campaign
Microfinance Gateway (World Bank)
Small Enterprise Foundation (South Africa)
United Nations: Economic and Social Development
Virtual Library on Microcredit (Global Development Research Center)

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