“Some of the world’s top experts in #microlending recently gathered to debate a hot topic:

Has the microloan boom of the last decade actually helped global efforts to lift people out of poverty?

The event was prompted by the latest issue of the prestigious American Economic Journal: Applied Economics, which published a group of independent studies suggesting that microlending— tiny loans to poor entrepreneurs— usually fails to raise incomes.”

https://www.wsj.com/articles/calls-grow-for-a-new-microloans-model-1426627810

Did you use a clean toilet this morning?

309 people on Kiva are asking for microloans to do the same.

Lend $20.
Get paid back in 14 months.
Help someone 💩 in ☮️.

Join me on Kiva in funding loans for water and sanitation (referral link, no kickback, just good vibes):

https://www.kiva.org/invitedby/jeremiahlee?utm_campaign=mastodon-share-invite&utm_medium=referral&utm_content=jeremiahlee&utm_source=activitypub

#Kiva #microlending

Kiva - Join Jeremiah on Kiva

Support women, entrepreneurs, students and refugees around the world with as little as $25 on Kiva. 100% of your loans go to support borrowers.

Kiva

@dennisfischman
Microlending makes many lives better, as well!
Muhammad Yunus (now acting President of Bangladesh) pioneered the concept with Grameen Bank (~ 1974). https://grameenbank.org.bd

It took until 2005 for further expansion à la Kiva https://www.kiva.org/about
#poverty #inequality #HumanRights #microlending #GrameenBank #Kiva

Grameen Bank – Bank for the Poor

https://www.kiva.org/invitedby/jmbranum/for/2857492?utm_source=social_share_link&utm_medium=referral&utm_campaign=social_share_checkout&utm_content=jmbranum

I'm lending a small amount ($25) through this microlending effort to help Adel, a Palestinian man in Bethlehem, to be able to buy the construction equipment he needs for his business in Bethlehem, in the West Bank.

I hope you'll consider doing the same. It's definitely a good cause.

Also, for my fellow #HumanisticJews --- if you lend to this loan, be sure to join the Humanistic Judaism group on Kiva, so our group will get credit for supporting this loan.

#HumanisticJudaism #Peace #ShalomSalaam #Palestine #WestBank #Bethlehem #Kiva #Microlending

Can you help James M support Adel?

Kiva is a loan, not a donation. With Kiva you can lend as little as $25 and make a big change in someone's life.

Kiva

I've been into microlending on Kiva for quite a while now. It's an easy way to help out others. You lend to one person, you get payed back, you lend again to another person, you get payed back, you lend again... you get the point ♻️ 😄

There are all types of projects from all around the world 🌍

Want to join? https://www.kiva.org/invitedby/marco9981

#kiva #microlending #dogood

Kiva - Join Marco J on Kiva

Support women, entrepreneurs, students and refugees around the world with as little as $25 on Kiva. 100% of your loans go to support borrowers.

Kiva

⬆️ Protesters who toppled #SheikhHasina want Nobel laureate #MuhammadYunus to lead #Bangladesh

#Yunus, who called #Hasina’s resignation the country’s “second liberation day,” faced a number of corruption accusations and was put on trial during Hasina's rule.

He received the Nobel in 2006 after he pioneered #microlending, and he said the corruption charges were motivated by vengeance.

protesters may announce more names, and it would be difficult to ignore their choices

https://apnews.com/article/bangladesh-protests-interim-government-bca66e8251f86deb3fe28c913d0a1444

Muhammad Yunus will head Bangladesh’s interim government, official says

Nobel laureate Muhammad Yunus will head Bangladesh’s interim government after former Prime Minister Sheikh Hasina resigned and fled the country amid a mass uprising against her rule. Wednesday's announcement came from Joynal Abedin, the press secretary of President Mohammed Shahabuddin. Abedin says leaders of the student protests, the chiefs of the three divisions of the military, civil society members as well as some business leaders met with the president Tuesday to decide on the head of the interim administration. Yunus, who is in Paris for the Olympics, was not immediately reachable for comment but a student leader says he's accepted the post.

AP News

@snaki amyone who still uses #Chrome or any #Chromium-based #Browser...

#Opera stopped being good when they killed #Presto and instead shoved money in predatory #MicroLending businesses charging people in Kenya up to 876% p.a.

@jeffowski True poverty is really about a lack of good access to lending. The solution is #microlending If the poor man could have purchased the good boots on credit, he could have used the savings from not having to constantly buy low-quality boots to pay off the loan and pocket the rest of the savings over time.