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JohnGabree.com Impractical Proposals

2004-12-12

Public Policy: Microlending

"The mission of ACCION International is to give people the tools they need to work their way out of poverty. By providing 'micro' loans and business training to poor women and men who start their own businesses, ACCION's partner lending organizations help people work their own way up the economic ladder, with dignity and pride. With capital, people can grow their own businesses. They can earn enough to afford basics like running water, better food and schooling for their children.

"In a world where three billion people live on less than $2 a day, it is not enough to help 1,000 or even 100,000 individuals. Our goal is to bring microlending to millions of people - enough to truly change the world. We know that there will never be enough donations to do this. That's why ACCION has created an anti-poverty strategy that is permanent and self-sustaining." -- from the website. <http://www.accion.org/>