My apology to my faithful viewers. I have not had an opportunity to post since last week! There are a lot of exciting things happening with the WWRG network, including last evening's event put on by our local chapter of 85 Broads which featured the Grameen Foundation and their work to provide microloans to women in disadvantaged nations so that they can lift themselves and their children out of poverty.I was honored to be a Power Host at the event, and led a group of women ( and a few enlightened men!) through a exercise on how the process of loan making works.
The impact of these loans is impressive. Here are a few statistics courtesy the Grameen Foundation:
- 9.4 Million...
...of the world's poor have been helped by our MFI partners, allowing them to begin their journey out of poverty. - More than 1 Million...
...microloans have been generated through our Growth Guarantee program. (Estimate based on average loan size.)
- $160 Million...
...in local currency has been leveraged to support microfinance programs in 13 countries. - 25,000...
...Village Phone operators are working in 6 countries around the world. - 300,000...
...daily transactions are supported through Mifos at microfinance institutions around the world. - More Than $2.3 Million...
...in in-kind services have been contributed by 140 Bankers without Borders volunteers in 9 countries.
I encourage you to support organizations such as the Grameen Foundation and others like it. Also, please familiarize yourself with the UN Millennium Goals, which seek to eliminate world poverty by 2015.
