Wednesday, October 15, 2008

Blog Action Day 2008

Poverty. It sucks. I hate that in the US we have a huge number of folks barely existing. I'm the most bothered by the working poor. What a slap in the face! To work every day and barely be able to feed one's family or a keep a roof over one's head. Minimum wage is a joke. Seriously.

But I think we all know that. We're all well aware of the problems. If we're not, we should be. So I've decided to focus on Microcredit as my contribution to Blog Action Day 2008. I really feel it's one of the best ways for people to claw themselves out of poverty and into sustainable entrepreneurship.

What's microcredit? Basically lenders like Grameen Bank, FINCA, AccionUSA, Compartamos, or Kiva make tiny loans of maybe 50 bucks to a few thousand to fledling business owners who couldn't otherwise obtain credit. You would be shocked to how people (women, especially) can take, say, $60 bucks and turn it into a vibrant business that allows them to not only feed their families, but provide employment opportunities within their communities. I'm particularly interested in the stories of women who have benefited from microloans. You read their stories and you see how much pride they have in their accomplishments. That pride filters through their children and into their spouses, friends, and community. It's really inspiring.

Most microcredit lenders are supported by people like you and me. Small donations add up quickly and allow these lenders to give women and men all over the world--even the US--help. For many this is a way to be intimately involved with directly affecting the life of another.

There's tons of info out there on microcredit. Use your Google-Fu. Learn. Act.

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