#poverty (5 links)
- Microloans in Hackney | Feature | Society | The Observer guardian.co.uk
When you start dealing with people with unpredictable lifestyles and with income that might be variable month by month, you can't just use the same computerised systems of default and interest that you use for people in regular salaried employment. Muhammad Yunus's microfinance model, which operated in parts of the world where everyone's lifestyle was precarious, had shown that. You had to know exactly who you were lending to, and establish more intimate and flexible models based on that knowledge.
#microfinance #development #london #money #poverty #uk #economics #hackney #community #banking#credit - The dark side of Dubai - Johann Hari, Commentators - The Independent independent.co.uk
Once the manic burst of building has stopped and the whirlwind has slowed, the secrets of Dubai are slowly seeping out. This is a city built from nothing in just a few wild decades on credit and ecocide, suppression and slavery. Dubai is a living metal metaphor for the neo-liberal globalised world that may be crashing – at last – into history.
Via tomtaylor.
"In a matter of minutes, you can buy a sheep, a goat or a brood of chickens. But they won't be delivered to you or the person you're buying a present for. Instead, they'll get a brilliant animal model, while FARM-Africa will give the real animal to a poor
- Rough Guide to a Better World roughguide-betterworld.com
The essential guide to how the world can be a better place for everyone. Poverty in the developing world is well known, but less publicised are the efforts of those who combat hunger, disease and illiteracy. This guide shows how you can get involved.