Tuesday, May 12, 2009

Pre-Launch

Microfinance, in my opinion, is one of the best anti-poverty mechanisms out there.  Via microfinance, low-income individuals are able to smooth consumption over time and some are even able to make forays into entrepreneurship that lift entire family groups out of poverty. 

Microfinance is not as developed in the Western world as it is elsewhere.  However, there is a need for it - especially with the current economic crisis.  I intend to utilize this method locally to combat poverty and help bridge the gap between the haves and the have nots.

I welcome your comments and suggestions!

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