Word: microcredit
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...Thaksin remains popular with the rural poor, who regard him as the only Prime Minister who addressed their problems. His universal health care and microcredit programs were labeled as progressive by supporters and populist vote-buying by detractors. But the protesters, operating under the name the United Front for Democracy Against Dictatorship (UDD), and called the red shirts for their garb and flags, also contain groups who oppose military intervention in politics, some members of the business élite who benefited under Thaksin's rule and some republicans who want an end to Thailand's constitutional monarchy. (Read...
...during a food shortage. The New York Times columnist Nicholas Kristof has teamed up with Games for Change to produce a game to complement his recent book, Half the Sky, which lays out a plan to fight global poverty. Players on social networks will take real-world actions - making microcredit loans, signing petitions - to advance. "We think it's a chance to reach beyond the choir," says Kristof...
Adolfo Facussé, a Honduran textile baron who heads the National Industrial Association, insists the wealthy are doing their part to promote efforts like microcredit and new schools. He blames a political culture that's obsessed with the spoils of office instead of civics and progress for all. But even he concedes that "Honduras has to change after this." It's for that reason, Lobo claims, that he's moved his conservative National Party to the center. The next government should "reflect more Christian humanism. We've been too alienated from the poor...
...have a program in Zambia, and we have absolutely no problem. If somebody says microcredit doesn't work in Africa, I would not agree. I see it working...
Thirty years back, Bangladeshi mothers had an average of 6.2 children. Today the average is 3.1. The population-growth rate has drastically come down, and among many explanations is the empowerment of women. They became aware of their ability to handle their lives and make decisions. Microcredit is not a population program, but it has helped women see how they can live their own lives...