This is a fascinating article: the poor own $9 trillion informally. Here's a way to take it from them.
Sunday, August 23, 2009
The poor have money: lets take it
"Yunus and de Soto offer us real insights into how the poor can, finally, work themselves out of poverty: Yunus shows they need credit and de Soto shows they need to join the formal economy. But we must build on their ideas and combine them in order to develop a more viable way to realize their inherent promise. If the world's poor can gain access to private capital via their formal titles, then we will have a real solution to a $9 trillion problem." (Thanks D.)