Thursday, March 11, 2010

Create Jobs. Alleviate Poverty. Support Domestic Microfinance.

This following article was posted on Change.org.  The top 10 voted ideas will be presented at an event in Washington, DC to relevant members of the Obama Administration, and then promoted to Change.org's full community of more than 1 million people.  Please go to the following link and vote to help create jobs and alleviate poverty through domestic microfinance.  
http://www.change.org/ideas/view/job_creation_for_poor_americans_through_microloans_2
Create Jobs. Alleviate Poverty. Support Domestic Microfinance. 
Microfinance: Supporting this cause will expand domestic microfinance and will give impoverished Americans the chance to lift themselves out of poverty through their own hard work and determination.  Microfinance provides capital to low-income individuals so they can create and expand their small business.  It is a proven method to alleviate poverty and create jobs for low-income individuals.  Recipients of loans are not eligible for a typical loan from a bank and would be charged exorbitant interest rates and fees from predatory lenders.  Microfinance provides them with an opportunity that they would otherwise not have and supports job creation through small business growth.