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Luxembourg duchess seeks return to Cuba to develop microfinance

Luxembourg's Grand Duchess Maria Teresa, seen here with Grand Duke Henri, is a Unesco goodwill ambassadorColmar-Berg (Luxembourg) (AFP) – She fled Cuba with her bourgeois family as revolution brewed, and later married into one of Europe’s royal dynasties. Today, as the Communist-ruled island emerges from long economic isolation, Luxembourg’s Grand Duchess Maria Teresa says she hopes to return home to pitch the cause of micro-credit to help the country’s poor. A Unesco goodwill ambassador, Maria Teresa, 59, has long championed collateral-free seed loans to help families set up businesses to haul themselves out of poverty — the system famously set up by Bangladeshi Nobel Peace laureate Muhammad Yunus, founder of the Grameen Bank.

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