Comments on: Fighting poverty, globally and locally, is easier than you might think http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/ Just another mama musing about her kids, Attachment Parenting, green living, activism, living with an anxiety disorder, and life in general Thu, 09 Feb 2012 14:32:13 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Erik http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/comment-page-1/#comment-15608 Erik Fri, 24 Oct 2008 18:29:50 +0000 http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/#comment-15608 I recently noticed Schwab Charitable launched a microfinance guarantee program. Does anyone have experience or opinion on this? This program differs from direct microfinance gifts in that funds are used to guarantee loans—like a parent co-signing a student loan. I think it is interesting that this Schwab Charitable program is among a few organizations popping up—Kiva.org and Microplace.com—that are helping to bring microfinance funding opportunities to middle class Americans. And microfinance in general is such contrast to the mess created by the credit crisis. It is succeeding because loans are transparent, lenders know the borrowers, borrowers are not encouraged to take out more debt than they need and loans aren’t run through a Veg-o-matic that slices and dices the loans beyond recognition. Default rates are less than 3 percent for microfinance loans, this despite the fact that loan recipients are typically poverty-stricken entrepreneurs in some of the world’s least developed economies.. I recently noticed Schwab Charitable launched a microfinance guarantee program. Does anyone have experience or opinion on this?

This program differs from direct microfinance gifts in that funds are used to guarantee loans—like a parent co-signing a student loan.

I think it is interesting that this Schwab Charitable program is among a few organizations popping up—Kiva.org and Microplace.com—that are helping to bring microfinance funding opportunities to middle class Americans.

And microfinance in general is such contrast to the mess created by the credit crisis. It is succeeding because loans are transparent, lenders know the borrowers, borrowers are not encouraged to take out more debt than they need and loans aren’t run through a Veg-o-matic that slices and dices the loans beyond recognition.

Default rates are less than 3 percent for microfinance loans, this despite the fact that loan recipients are typically poverty-stricken entrepreneurs in some of the world’s least developed economies..

]]> By: Lisa @ Crazy Adventures in Parenting http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/comment-page-1/#comment-15469 Lisa @ Crazy Adventures in Parenting Wed, 15 Oct 2008 21:18:15 +0000 http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/#comment-15469 Great post, great ideas. You've shown me things I never knew were online, thanks! I've also participated, here are my ideas: http://crazyadventuresinparenting.blogspot.com/2008/10/blog-action-day-2008-poverty.html Great post, great ideas. You’ve shown me things I never knew were online, thanks!

I’ve also participated, here are my ideas:

http://crazyadventuresinparenting.blogspot.com/2008/10/blog-action-day-2008-poverty.html

]]> By: Jen http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/comment-page-1/#comment-15467 Jen Wed, 15 Oct 2008 18:01:52 +0000 http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/#comment-15467 Great post. Blog Action Day is a great forum for change. My post:http://chasingdomesticbliss.blogspot.com/2008/10/poverty-and-homelessness-blog-action.html Great post. Blog Action Day is a great forum for change.
My post:http://chasingdomesticbliss.blogspot.com/2008/10/poverty-and-homelessness-blog-action.html

]]> By: tabitha http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/comment-page-1/#comment-15464 tabitha Wed, 15 Oct 2008 15:02:07 +0000 http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/#comment-15464 I participated: http://123pizza.org/blog/2008/10/15/poverty-and-the-girl-effect/ I participated: http://123pizza.org/blog/2008/10/15/poverty-and-the-girl-effect/

]]> By: phyllis http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/comment-page-1/#comment-15461 phyllis Wed, 15 Oct 2008 11:23:53 +0000 http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/#comment-15461 great post, amy. here's mine: http://imabima.blogspot.com/2008/10/king-and-shack-blog-action-day.html great post, amy. here’s mine: http://imabima.blogspot.com/2008/10/king-and-shack-blog-action-day.html

]]> By: Mariella http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/comment-page-1/#comment-15460 Mariella Wed, 15 Oct 2008 10:56:44 +0000 http://crunchydomesticgoddess.com/2008/10/15/fighting-poverty-globally-and-locally-is-easier-than-you-might-think/#comment-15460 hi found the post really informative. I participated in Blog Action Day for the first time today too. my site is http://manaakipapatuanuku.blogspot.com By the way I hail from the bottom of the world in Aotearoa (New Zealand) hi found the post really informative. I participated in Blog Action Day for the first time today too.
my site is http://manaakipapatuanuku.blogspot.com

By the way I hail from the bottom of the world in Aotearoa (New Zealand)

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