Sunday, June 11, 2006
Microcredit - Macroimpact
It's good to watch PBS, even during The World Cup. We saw a program on microcredit, the incredible program that Muhammed Yunus started. Soccer is primarily a male obsession; microcredit is primarily a female endeavor. While nations can show pride, or gain respect, on the soccer pitch, there is nothing quite like hearing a woman tell her story about gaining self-respect through the microcredit journey. It isn't the panacea for all poverty, but it has clearly made a positive impact. Much more so than any soccer victory. It's too bad nations don't gather to cheer for the women, and men, who have the courage to take microcredit loans.
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