tag:blogger.com,1999:blog-57646176650358703492024-03-07T18:51:46.863-08:00Poverty Free USACan poverty in the US be ended? Probably. This is a blog that will explore and promote that project.Sujewa Ekanayakehttp://www.blogger.com/profile/02909587996837967673noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5764617665035870349.post-76393378271118549992010-06-07T09:37:00.000-07:002010-06-07T09:40:32.673-07:00Microloans paragraph from Poverty Reduction wiki articleFrom the article Poverty Reduction: <a href="http://en.wikipedia.org/wiki/Poverty_reduction">http://en.wikipedia.org/wiki/Poverty_reduction</a><br /><br />"Microloans<br />See also: <a title="Microfinance" href="http://en.wikipedia.org/wiki/Microfinance">Microfinance</a><br /><br />One of the most popular of the new technical tools for economic development and poverty reduction are microloans made famous in 1976 by the <a title="Grameen Bank" href="http://en.wikipedia.org/wiki/Grameen_Bank">Grameen Bank</a> in <a title="Bangladesh" href="http://en.wikipedia.org/wiki/Bangladesh">Bangladesh</a>. The idea is to loan small amounts of money to farmers or villages so these people can obtain the things they need to increase their economic rewards. A small pump costing only $50 could make a very big difference in a village without the means of <a title="Irrigation" href="http://en.wikipedia.org/wiki/Irrigation">irrigation</a>, for example. A couple of hundred dollars for a small bridge linking a village to a city where it can market farm products is another example.<a href="http://en.wikipedia.org/wiki/Poverty_reduction#cite_note-49">[50]</a><a href="http://en.wikipedia.org/wiki/Poverty_reduction#cite_note-50">[51]</a> A specific example is the <a title="Thailand" href="http://en.wikipedia.org/wiki/Thailand">Thai</a> government's People's Bank which is making loans of $100 to $300 to help farmers buy equipment or seeds, help street vendors acquire an inventory to sell, or help others set up small shops.<br /><br /><a title="Micro-enterprise" href="http://en.wikipedia.org/wiki/Micro-enterprise">Micro-enterprise</a> Development adds teaching of basic financial principles and general business training before providing loan capital, thus is very practical and sound approach to fighting poverty. This approach is advocated by <a title="Five Talents" href="http://en.wikipedia.org/wiki/Five_Talents">Five Talents</a> as the way to ensure that entrepreneurs and their communities benefit now and in the future with documented success stories<a href="http://en.wikipedia.org/wiki/Poverty_reduction#cite_note-51">[52]</a>"<br /><br />Can the microloan concept work well in the US for poverty reduction? Is it already being tied? Will need to take a look around.<br /><br />- SSujewa Ekanayakehttp://www.blogger.com/profile/02909587996837967673noreply@blogger.com0tag:blogger.com,1999:blog-5764617665035870349.post-86105544672932981222010-06-07T09:22:00.000-07:002010-06-07T09:27:12.458-07:00Poverty in the United States - Wiki article linkHere's <a href="http://en.wikipedia.org/wiki/Poverty_in_the_United_States">the link</a> to Wikipedia's page <a href="http://en.wikipedia.org/wiki/Poverty_in_the_United_States">"Poverty in the United States". </a> From the page, Numbers section:<br /><br />"Numbers<br /><br />The official number of poor in the United States in 2008 is about 39.1 million people, greater in number but not percentage than the officially poor in <a title="Poverty in Indonesia" href="http://en.wikipedia.org/wiki/Poverty_in_Indonesia">Indonesia</a>, which has a far lower <a title="Human Development Index" href="http://en.wikipedia.org/wiki/Human_Development_Index">Human Development Index</a> and the next largest population after the United States.<a href="http://en.wikipedia.org/wiki/Poverty_in_the_United_States#cite_note-13">[14]</a><a href="http://en.wikipedia.org/wiki/Poverty_in_the_United_States#cite_note-14">[15]</a> The poverty level in the United States, with 12.65% (39.1 million people in poverty, of a total of 309 million) is slightly lower than in France, where 13.4% (8 million people in poverty, of a total of 65.4 million) of the population live in poverty. <a href="http://en.wikipedia.org/wiki/Poverty_in_the_United_States#cite_note-15">[16]</a><a href="http://en.wikipedia.org/wiki/Poverty_in_the_United_States#cite_note-16">[17]</a>"<br /><br />Go <a href="http://en.wikipedia.org/wiki/Poverty_in_the_United_States">here</a> for more.<br /><br />- SSujewa Ekanayakehttp://www.blogger.com/profile/02909587996837967673noreply@blogger.com0