Give a man a fish and he eats for day. Teach a man to fish and he eats for a lifetime [Chinese Proverb]
For the poorest of the poor in today’s world that old proverb is bullshit!
It should read; Teach a man to fish, and he just gets enough of a glimpse of what life could be like if he could afford a damn boat, that he hates you even more when you leave him standing on the shore!
The world’s poor already know how to fish, and grow crops and manufacture any number of consumer goods. What they lack is credit and the ability to get their commodities to market.
Earlier this week the United Nations General Assembly met to discuss the progress to date on the Millennium Development Goals (MDGs). Of the 8 goals for reducing poverty and increasing equality only goal number 8 (Develop a Global Partnership for Development) even touches on the need to help develop small business. Yet it is small and medium sized business, especially those based in agriculture, that have proven time and time again to be the engine of economic growth for the wealthiest countries. If businesses were supported and given the chance to grow, I dare say the implementation of all of the MDGs would be made easier. With increasing domestic assets and sources of taxation the lesser developed countries would not be as dependent on foreign assistance thus lowering the cost of aid doled out by the wealthier nations. It’s a win-win!
Since the early 1990s Micro-Finance has become one of the fastest growing and most effective methods of raising real people out of poverty. Small, low-interest loans, which encourage trade among the world’s poorest, have been proven to move people from dependency on foreign handouts for mere survival into productive economies. Raising people out of poverty increases world wide security, reduces the threat of terrorism and violence and lessens strain on the environment.
This past week I hit 100 followers. I promised myself that when that happened it would be time to step it up and go from a passive journal to a real on-line community. I want to this blog to become a meeting place for people who are passionate for change.
My focus is Micro-Finance. I’ve been an entrepreneur my entire life. I know first-hand what it’s like to build a business from scratch only to have it ripped away from you by market forces beyond your control, I know how hard it is to pour your heart and soul into something only to be told that you are a bad risk and I know that even a tiny bit of credit on fair terms can make all the difference in the world.
I am asking each and every one of my followers to get involved and help entrepreneurs. It’s the only way that makes long-term sense in fighting global poverty. Go to the Believer’s Trust tab at the top of this page to find out how.
What we have done for ourselves alone dies with us; what we have done for others and the world remains and is immortal. – Albert Pike