The Royal Forums Coat of Arms


Join The Royal Forums Today
Reply
 
Thread Tools Search this Thread Display Modes
 
  #21  
Old 05-11-2007, 05:03 PM
lisamaria's Avatar
Aristocracy
 
Join Date: Jul 2004
Posts: 241
Quote:
Originally Posted by Little_star
What's lightweight about microcredit? It's an incredibly important issue in the developing world and has helped change the lives of millions of people.
Lightweight may be a wrong word, I admit. But I just am quite skeptical about microcredits in general (and I don't aim my attitude in any person particularly), and here are some reasons why I don't put them on top of my list.

There is a multitude of problems involved in the scheme, most notably that it is business - charitable business, yes, but still business. The numbers used to promote the credits don't necessarily reflect the success rate - poor people with very small business ventures often become dependant on the bank (Grameen has a particularly high amount of 2nd/3rd/4th/...th time borrowers), rather than gaining financial independence. Failure to repay the loan leaves them worse off than they were.

Many studies also suggest that women often act simply as loan collectors for men, taking the loan in their own name while their husbands/sons get the money; those women also are solely responsible for paying back money that did nothing to benefit them in the first place. Many of the companies giving out loans operate in countries where women's position is decidedly bad; they claim to improve that position but in reality women are very much unprotected by the surrounding society and it's attitudes.

Also, in poor countries, where public services are still developing, microcredits can motivate local officials to cut money from health care and education, especially girls' education. Lack of education is, as we know, the main reason why women (and all people, for that matter) in the developing world are struggling. If they cannot read and do calculus, they cannot properly take care of their own interests, and can be taken advantage of by, for example, one of the about 10 000 organisations handing out small loans. I could keep going (indefinetely) about the advantages of education but that is another matter

I'm sure well-educated people with a real desire to help and develope the society can advance things through this scheme; as yet, I feel, it still hasn't shown to really change things in large scale.
__________________

__________________
"Contrariwise", said Tweedledee, "if it was so, it might be; and if it were so, it would be, but as it isn't, it 'aint. That's logic."
From "Through the Looking Glass" by Lewis Carroll
Reply With Quote
  #22  
Old 05-14-2007, 02:44 PM
Little_star's Avatar
Heir Apparent
 
Join Date: Jun 2005
Location: Manchester, United Kingdom
Posts: 5,605
Quote:
Originally Posted by lisamaria
Lightweight may be a wrong word, I admit. But I just am quite skeptical about microcredits in general (and I don't aim my attitude in any person particularly), and here are some reasons why I don't put them on top of my list.

There is a multitude of problems involved in the scheme, most notably that it is business - charitable business, yes, but still business. The numbers used to promote the credits don't necessarily reflect the success rate - poor people with very small business ventures often become dependant on the bank
(Grameen has a particularly high amount of 2nd/3rd/4th/...th time borrowers), rather than gaining financial independence. Failure to repay the loan leaves them worse off than they were.
I can recall hearing recently that Grameen has something like a 90% success rate. Approximately that number of women who take out their first loan will pay it back in full. As for additional loans, many businesses will take out more than one loan in order to succeed, expand etc.

It's interesting because you seem to be viewing the idea that a business venture as a negative , or at least that's the way I interpreted your post. However, I actually think that's preferable to a charitable handout or donation because it promotes long-term gorwth and self-sufficiency.

Quote:
Originally Posted by lisamaria
Many studies also suggest that women often act simply as loan collectors for men, taking the loan in their own name while their husbands/sons get the money; those women also are solely responsible for paying back money that did nothing to benefit them in the first place. Many of the companies giving out loans operate in countries where women's position is decidedly bad; they claim to improve that position but in reality women are very much unprotected by the surrounding society and it's attitudes.
I have to admit I haven't heard of this problem, although it would not surrpise me. However, to give you a real example, my grandmother's tailor took out a loan with an institution in Pakistan to expand her business. Since then she's never looked back, she now employs 5 other female tailors who are able to supoport their families in the long run. Without the financial help she would never have been able to do this. More importantly though she left her husband who was abusive.

Quote:
Originally Posted by lisamaria
Also, in poor countries, where public services are still developing, microcredits can motivate local officials to cut money from health care and education, especially girls' education. Lack of education is, as we know, the main reason why women (and all people, for that matter) in the developing world are struggling. If they cannot read and do calculus, they cannot properly take care of their own interests, and can be taken advantage of by, for example, one of the about 10 000 organisations handing out small loans. I could keep going (indefinetely) about the advantages of education but that is another matter
Don't worry, I'm a firm believer in the importance of education as well. To use Pakistan as an example again, microfinance is growing in popularity yet the government is investing millions in education, particularly female education. I don't think one necessarily excludes the other.

Quote:
Originally Posted by lisamaria
I'm sure well-educated people with a real desire to help and develope the society can advance things through this scheme; as yet, I feel, it still hasn't shown to really change things in large scale.
It's still a "new" concept though and it will take time. Most of the results are more long-term, not necessarily visible in the short-term.
__________________

__________________
Please give whatever you can to the DEC's Pakistan Floods Appeal. Millions of lives are at risk
http://www.dec.org.uk/index.html
Reply With Quote
  #23  
Old 05-17-2007, 01:57 AM
Penny Lane's Avatar
Nobility
 
Join Date: Oct 2006
Location: 29 Palms, United States
Posts: 330
Quote:
Originally Posted by Vanesa
Priority today is to support something against social exclusion. I wish some of the Royals could work for the unity of the family, and the improvement of the education...oh, and of course they could also support any organization who cares about homeless or people lossing their jobs. These are our forgotten people. Royal must think about them.

Vanesa.
I agree with this I know the homless and displaced are not the most 'glam' of causes but they are of great importance .I know Princess Dian had a foundation for the homeless and I think Prince Willam has carried on with it but I would like to see more of that.Connnected to that I would like to see more come out for an end to hunger.I too would like to see more about the enviorment and animal causes.Another cause I have alot of admiration for is animal assitence-animals traine to help people with disablities.It's done alot in the U.S. I don't know how common it is world wide.I also like to see music,the ars and the performing arts supported.
Reply With Quote
  #24  
Old 12-28-2014, 10:20 PM
Royal Highness
 
Join Date: Dec 2013
Location: Conneaut, United States
Posts: 1,762
I like the fact that Prince Nicolae of Romania is involved in the donation of books in the campaign "Children's books to every home". Knowing how to read is important.
Osipi, Prince Nicolae definitely has to have you helping with the book campaign.
Reading introduces an individual to so many enjoyments.
A reading assignment can be enjoyable.
Reply With Quote
  #25  
Old 12-28-2014, 10:36 PM
Osipi's Avatar
Heir Apparent
 
Join Date: Jul 2008
Location: On the west side of North up from Back, United States
Posts: 4,590
Quote:
Originally Posted by CyrilVladisla View Post
I like the fact that Prince Nicolae of Romania is involved in the donation of books in the campaign "Children's books to every home". Knowing how to read is important.
Not only knowing how to read but to come to the realization that with a book, you can go anywhere into any time or situation and into any world and let the imagination run rampant while learning. I do believe that sometimes a book is also like a palimpsest. Sometimes things jump out at you that you didn't see before when a book is reread.

I'm a confirmed bookaholic and proud.
__________________

__________________
“We live in a world where we have to hide to make love, while violence is practiced in broad daylight.”
~~~ John Lennon ~~~
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Princess Mathilde's high patronage Cathérine Bergeyck King Philippe & Queen Mathilde and Family 22 08-14-2006 05:08 AM




Popular Tags
abdication belgium best outfit brussels carl philip crown prince frederik crown prince haakon crown prince philippe crown princess mary crown princess mette-marit crown princess victoria current events death duchess of cambridge fashion fashion poll funeral general news infanta leonor infanta sofia jordan king felipe king felipe vi king harald king juan carlos king philippe king willem-alexander letizia luxembourg maxima official visit picture of the week poland pom president gauck president hollande president komorowski prince carl philip prince daniel prince henrik princess charlene princess claire princess madeleine princess mary princess mary style princess mette-marit princess of asturias queen fabiola queen letizia queen letizia daytime fashion queen letizia fashion queen letizia style queen mathilde queen maxima queen maxima fashion queen maxima style queen paola queen rania queen silvia queen sonja royal fashion sofia hellqvist spain state visit stockholm sweden the hague visit wedding willem-alexander


Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities


Copyright 2002-2012 Social Knowledge, LLC All Rights Reserved.

All times are GMT -4. The time now is 06:07 AM.

Social Knowledge Networks

eXTReMe Tracker
Powered by vBulletin
Copyright ©2000 - 2015
Jelsoft Enterprises

Royal News Delivered to your Email!

You can get the latest Royal News right in your inbox.

unsusbcribe at anytime with one click

Close [X]