NEWS: Microcredit movement tackling poverty one tiny loan at a time

TUESDAY, MAY 21, 2013 | TIPS

COVER Page

ALL News

CHOICE

VIDEOS

User COMMENTS

MONDAY, OCT 1, 2007| 4 comments

Microcredit movement tackling poverty one tiny loan at a time

A Peruvian widow borrowed $64 and bought a few pigs. For $55, a villager in Ghana went into the mineral-water trade. A mother of nine in Guatemala upgraded her grocery store with $250.

These women from three continents have something in common: They are beneficiaries of microcredit - very small loans to very poor people for very small businesses. The benefactors, in many cases, are ordinary individuals inspired by a movement that is reshaping philanthropy and making it as accessible as the click of a mouse or a visit to a house party.

More and more of us are becoming convinced that lending even tiny amounts of money to destitute people in the developing world can transform lives - theirs and ours. ...

CLICK HERE to Read Entire Article
sfgate.com

| START | Recommended sermons | more..

• Biblical Economics • Pastor John MacArthur | 6/15/2010

• Covetousness, Sin of Our Time • Dr. Stephen Jones | 2/17/2006

• Practical Financial Advice • Reg Kelly | 1/24/2010

• Advice For Hopelessly In Debt?

Kevin Swanson | 5/12/2013

	05/20/13 \|	Payday lenders skirt military law • 1 comments
	01/21/13 \|	Bill Gates interview: I have no use for money. This is Godâ€™s work • 16 comments
	01/18/13 \|	Will Republicans Support Breaking Up Big Banks? • 2 comments
	12/24/12 \|	Crystal Cathedral vendors will be paid • 2 comments
	11/26/12 \|	Now Obama wants your 401(k) • 10 comments

MORE RELATED ( MONEY ) NEWS | MORE..

	05/21/13 \|	At least 91 killed in Moore tornado, hundreds injured • 35 comments
	05/19/13 \|	Islam could be dominant UK religion in 10 years â€“ census analysis • 9 comments
	05/19/13 \|	Gay pride rally in Georgia derailed • 111 comments
	05/18/13 \|	SermonAudio Tip: Fully-Functional Sermon Browser â€¦ In Your Own... • 16 comments
	05/18/13 \|	Wash. Florist Who Refused to Make Same-Sex Wedding Decorations... • 6 comments

OTHER CHOICE NEWS | MORE..

	12/15/12 \|	Forged in the Revival Fires of NYC, the 1850s-Era Manor Church...
	11/03/12 \|	An Audio Report via Phone On The Storm That Hit New York City • 1 comments

OTHER CHOICE NEWS | MORE..

	05/21/13 \|	At least 91 killed in Moore tornado, hundreds injured • 35 comments
	05/21/13 \|	A tea-party group targeted by Democrats gets attention from the...
	05/21/13 \|	IRS Abuse Extended to Traditional Marriage, Pro-Life Groups
	05/21/13 \|	Proof of heaven popular, except with the church • 7 comments
	05/21/13 \|	Why the Bible is the best graduation gift you can give • 10 comments

OTHER RECENT NEWS | MORE..

Faith in the Economy • Andy McCracken | added 54 hours ago
Tribute Money from the Sea • Ron Tobin | added 56 hours ago
The Millennial Generation • Kevin Swanson | added 12 days ago
Currency in God's Economy • Craig Hodson | added 12 days ago
MORE RECENT SERMONS | MORE..

Biblical Economics • Pastor John MacArthur | 12,950+ downloads
Christ's View of Money, Mammon • Dr. Alan Cairns | 6,470+ downloads
Lovers of Money • Pastor John MacArthur | 4,240+ downloads
Managing your Money -Intro, OT • Dan Kunkle | 3,740+ downloads
MORE RELEVANT SERMONS | MORE..

COMMENTS | show all | add new

Sorting Order:

· Page 1 · Found: 4 user comment(s)

10/5/07 2:53 PM

Jim Lincoln

| Nebraska

• Add new comment

• Reply to comment

• Report abuse
• Show All Comments

Strange it wasn't a Rick Warren that came up with this idea, but I believe it was a Mohammedan.

Those socially active Christians sure fell down on this one.

10/3/07 8:17 PM

Rob

| St Louis MO

• Add new comment

• Reply to comment

• Report abuse
• Show All Comments

And who says that Captitalism isn't compassionate? Socialism makes people slaves to the State, Captialism gives people the opportunity to be free.

10/2/07 6:42 PM

Dorothy

• Add new comment

• Reply to comment

• Report abuse
• Show All Comments

If Larry Burkett were still alive, do you think he (or for that matter, Bill Gothard) would condemn microloans?

According to the author of Banker to the Poor, only loans to women work; men donâ€™t repay.

10/2/07 12:28 PM

Solomon

| Proverbs 21:13

• Add new comment

• Reply to comment

• Report abuse
• Show All Comments

Whoso stoppeth his ears at the cry of the poor, he also shall cry himself, but shall not be heard".

There are a total of 4 user comments displayed | add new comment |

Last Post

Total

French president signs gay marriage into law jim lincoln from nebraska: "it appears that a well-known frenchman took his protest..."	-10 min	9
At least 91 killed in Moore tornado, hundreds injured mike from new york: " stever as was the slaughter of the innocents, the first..."	-35 min	35
Gay pride rally in Georgia derailed reality: " stever ..real christians discard lies from any source. you discard..."	-2 hrs	111