Helping The World's Poor Save A Bit At A Time

[cory777]

Source: NPR

Far more poor people want to save — rather than borrow — money in Africa or India.

But the poor often have a hard time putting money aside.

And that's something the Bill & Melinda Gates Foundation hopes to change by putting $500 million toward something called microsavings.

"The poor do save; they already save," says Melinda Gates, co-chair of the foundation. "We're unlocking something they do."

Read more: http://www.npr.org/2010/11/22/131524116/helping-the-world-s-poor-save-a-bit-at-a-time

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Activist News http://activistnews.blogspot.com/

[awoke_in_2003]

1. we cannot seem to fix...

poverty here- how the hell are we going to fix it elsewhere?

[billlll]

2. good point. GOP policies upped poverty in 80's from 10% of us ,

To 15% level.

A 50% increase. Isn't BG a GOP?

A new, permanent WPA would do a lot - zero unemployment would wipe out poverty. Forever.

(Except for the OWS..Old, Weak, Sick.)

Go to Jobs For All site

http://WWw.njfac.org