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December 14, 2017  
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November 2006

November 17, 2006

via BusinessWeek.com

An idea, not a person, was the most powerful force in philanthropy in 2006. President Bill Clinton devoted a big chunk of his annual Clinton Global Initiative to exploring it. The mighty Bill & Melinda Gates Foundation endorsed it. The choice of the 2006 Nobel Peace Prize winner was a tribute to it. It was truly the year of microfinance.