It was this vision of change that spurred Muhammad Yunus, winner of the 2006 Nobel Peace Prize, to set up Grameen Bank in Bangladesh during the 1970s. Yunus had two major drives for his vision of the future: “to make credit a human right so that each individual human being will have the opportunity to take loans and implement his or her ideas so that self exploration becomes possible. And second: that it will lead to a world where nobody has to suffer from poverty – a world completely free from poverty.”
The Bank’s philosophy was simple: to lend out small loans, averaging under $400 per person, to those who had no access to credit facilities, creating growth opportunities for entrepreneurship. To date, the Bank has lent out almost $9 billion in microcredit loans, making a difference to over 8 million of Bangladesh’s poor.
Meeting life’s needs
Emergencies, weddings, funerals, theft or injury are often definitive events for the poor in developing countries. In “The Poor and their Money,” Stuart Rutherford cites several needs such as lifecycle needs, personal emergencies and disasters. These are all events that can devastate a family already mired in poverty and struggling to make a living, like that of Ibu Samsariah from Indonesia.
A canal fisherwoman and oyster gatherer in the village of Ruko, Ibu Samsariah’s husband worked as a mini van driver. Her two sons worked as day labourers when there were jobs to be found. Their four combined incomes allowed them to meet their basic needs until the 2004 tsunami hit the shores of Ruko, sweeping Ibu Samsariah’s husband, their home and all their possessions out to sea. With no husband, no father, no home, no fishing tools and no income, Samsariah struggled to survive.
In 2006 she formed a borrowers group and received a $100 loan from Yayasan Mirtra Dhuafa (YAMIDA). Using this loan, she bought fishing equipment to re-start her business. She found buyers for her oysters at the local market, repaid her loan and is now looking to apply for a larger amount to open her own stall.
Without access to microcredit, Samsariah’s fate would have been far different. With no means to regain a source of income after the tsunami disaster, it seems likely that she would have spent the rest of her life struggling to make ends meet. Now, Samsariah has big plans and dreams; profits from her oyster stall will allow her to hire an assistant to fish and shell the produce, thereby increasing both profit and employment in her small community.
A leg up
Almost by definition, the poor have very little money and therefore little chance of investing in opportunities or of improving their circumstances. Without credit, they are unable to expand their business, improve their housing or buy assets. Kofi Annan, erstwhile leader of the United Nations, believes that “poor people are remarkable reservoirs of energy and knowledge,” and that microcredit is a way to “bring people in from the margins and give them the tools with which to help themselves.”
Small loans can transform the lives of the poor, give them social mobility, secure the future of their children and improve their social standing. In male-dominated societies, the practice of lending money predominantly to women also helps to drive equality and social change.
Charity Kulola, from Kenya, does not dispute the power of microcredit to change lives. Married off at 16 into a polygamous marriage, then expelled for not bearing a son, Charity had no income and no way of supporting herself or her daughters. An initial loan of $64 given by the Yehu Microfinance Trust was used to open a coconut stall in the seaside village of Charareli. As sales took off, Charity took out a second loan, then a third to invest in a retail shop and to diversify her business. Instead of merely being the third wife to a man not of her own choosing, Charity is now a successful entrepreneur, intent on sending her daughters to school so that they can have a better future.
Alleviating poverty
Although micro lending is not the definitive answer to ending poverty, it is an effective tool for breaking the poverty cycle. Micro finance is “not a charity. This is business; business with a social objective, which is to help people get out of poverty” (Muhammad Yunus). Unlike handouts or charity, microcredit helps to empower the poor and encourages them to lift themselves out of poverty.
In rural Haiti, Dieula Calixte worked as a servant, sometimes starving for days when she couldn’t find work. Often ill and unable to hold down a steady job, Dieula applied for a $68 loan from Esperanza International and started her own business selling snacks. Within six months, she had paid off her loan in full and increased her capital to $69. She now earns almost $2 a day and is financing a second loan to expand her business. The income from her work allows Dieula to obtain the medications she requires and puts food on the table each day. She is enthusiastic about the role of microfinance in her community, acknowledging that without the initial loan, she would still be hungry, poor and ill, condemned to the cycle of poverty. Source
This site is dedicated to bring to light many issues that go un-seen or un-heard by many people. Some stories make it to major media outlets for a brief stunt and then shunned completely. Get your facts from truth tellers and not propaganda paid insurgents. Power to the people and freedom is with those seeking the truth.
Sunday, July 11, 2010
Wednesday, April 7, 2010
Is Obama anti-Semitic? Netanyahu brother-in-law causes ruckus.
At the height of the worst Israel-US crisis in decades, Israel Prime Minister Benjamin Netanyahu was forced to distance himself Wednesday from the views of his brother-in-law, who called President Obama "anti-Semitic" over the airwaves this morning.
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US Israel settlements fight marks lowest point since 1970s: ambassador
Can Israel tamp down Jerusalem clashes?
Netanyahu faces 'moment of truth' after US slams Israel 'insult'
.In an interview with Israel Army Radio on Wednesday, Hagai Ben Artzi, the brother of Netanyahu's wife Sara, reportedly said: "it needs to be said clearly and simply: There is an anti-Semitic president in the US. It's not that Obama doesn't sympathize with [Mr. Netanyahu]. He doesn't sympathize with the people of Israel."
Netanyahu's office swifty published a condemnation: "I entirely reject the remarks of Hagai Ben Artzi."
IN PICTURES: Israeli settlements
Family ties?
Mr. Ben Artzi, who has a history of controversial remarks, is family in more than one way.
The hardliner – who's held positions as a bible lecturer at a religious college in Jerusalem, and in the Education Ministry, and has a doctorate in Israel thought and philosophy from Hebrew University in Jerusalem – also represents the family of hawkish nationalists who support Netanyahu and for whom any movement on the peace process is going to stir tension.
The Israeli daily Haaretz reported that Knesset Member Michael Ben Ari of the far-right National Union party recently hung a poster with a picture in which Obama looks like he is bowing to a Gulf prince, underneath a headline, "Caution! [Palestine Liberation Organization] Agent in the White House!''
Suspicion of Obama
So how widespread are those views of Obama in Israel?
The opinions recall suspicions voiced about Obama in Israel during his run for the presidency that were based on his Muslim relatives and a former pastor whose sermons occasionally included remarks considered anti-Semitic.
Mitchell Barak, a pollster who used to work with Netanyahu, says there is widespread alienation among Israelis regarding Obama, whom many consider the US president most unsympathetic to Israel for decades.
That said, both Ben Artzi and Ben Ari represent fringe opinions, says Mr. Barak.
"The problem with the extremist right groups," he says, "is that they can't recognize anyone that doesn't shares the opinions of their own group.''
http://www.csmonitor.com/World/Middle-East/2010/0317/Is-Obama-anti-Semitic-Netanyahu-brother-in-law-causes-ruckus
Skip to next paragraph
Photo Gallery
Israeli settlements
.Related Stories
US Israel settlements fight marks lowest point since 1970s: ambassador
Can Israel tamp down Jerusalem clashes?
Netanyahu faces 'moment of truth' after US slams Israel 'insult'
.In an interview with Israel Army Radio on Wednesday, Hagai Ben Artzi, the brother of Netanyahu's wife Sara, reportedly said: "it needs to be said clearly and simply: There is an anti-Semitic president in the US. It's not that Obama doesn't sympathize with [Mr. Netanyahu]. He doesn't sympathize with the people of Israel."
Netanyahu's office swifty published a condemnation: "I entirely reject the remarks of Hagai Ben Artzi."
IN PICTURES: Israeli settlements
Family ties?
Mr. Ben Artzi, who has a history of controversial remarks, is family in more than one way.
The hardliner – who's held positions as a bible lecturer at a religious college in Jerusalem, and in the Education Ministry, and has a doctorate in Israel thought and philosophy from Hebrew University in Jerusalem – also represents the family of hawkish nationalists who support Netanyahu and for whom any movement on the peace process is going to stir tension.
The Israeli daily Haaretz reported that Knesset Member Michael Ben Ari of the far-right National Union party recently hung a poster with a picture in which Obama looks like he is bowing to a Gulf prince, underneath a headline, "Caution! [Palestine Liberation Organization] Agent in the White House!''
Suspicion of Obama
So how widespread are those views of Obama in Israel?
The opinions recall suspicions voiced about Obama in Israel during his run for the presidency that were based on his Muslim relatives and a former pastor whose sermons occasionally included remarks considered anti-Semitic.
Mitchell Barak, a pollster who used to work with Netanyahu, says there is widespread alienation among Israelis regarding Obama, whom many consider the US president most unsympathetic to Israel for decades.
That said, both Ben Artzi and Ben Ari represent fringe opinions, says Mr. Barak.
"The problem with the extremist right groups," he says, "is that they can't recognize anyone that doesn't shares the opinions of their own group.''
http://www.csmonitor.com/World/Middle-East/2010/0317/Is-Obama-anti-Semitic-Netanyahu-brother-in-law-causes-ruckus
Tuesday, April 6, 2010
Overcoming Zionism a new book coming our by joel kovel
Joel Kovel, author of Overcoming Zionism, said, "What we don't have is any kind of real debate on this subject in our country at this time ... basically these Zionist repression groups have had pretty much a free hand ... that's why I wrote the book. I mean, I wanted to -- I disregarded all the taboos, that you're not supposed to talk about Israel in any depth in this country."
[The distributor dropped his book after receiving threatening emails from a Zionist pressure group.] "They panicked this summer when they dropped my book. I mean, they were pressured by this Zionist watchdog team." [But the Committee for Open Discussion of Zionism
was able to convince them to continue distributing it.] "We have a committee forming, Committee for Open Discussion of Zionism, codz.org. And we're planning a conference and all. But the committee leapt into action, and we were amazed at just how eloquent and, you know, basically fed up a lot of people were with being intimidated by these kinds of tactics. They just want to suppress an open discussion of this subject. ... I grew up in a very conventional Jewish home, except for the fact that there was a lot of division on this subject, so I think from an early age I learned to take a certain distance from it and to think critically about it."
"The Jewish people have been, you know, very largely deprived of a real opportunity to look at what's going on in the state of Israel."
"The notion of Zionism, as that there is this kind of destiny of the Jewish people to have their own state, is just the wrong idea. And it's an idea that requires signing onto imperialism. It means signing onto ethnic cleansing. It means -- despite everything that has been said about it, it means basically becoming a racist situation, where you're oppressing an indigenous population and depriving them of their right to existence ... I join hands with those people who feel that the time has come to basically think of Israel in the same category as South Africa, as a state that just has gone wrong and needs replacement ... the comparison was interesting, because Tutu and other leaders of the freedom struggle in South Africa who visited Palestine have always been asked, well, how does it compare? And he says, well, it's not the same thing, Israel is actually worse. He actually said, Israel is a worse place than Apartheid South Africa was."
http://tinyurl.com/36dqpw
"This is much worse than apartheid." - Archbishop Desmond Tutu
see link
http://www.dailykos.com/story/2007/10...
University of Michigan Press to Continue Publishing Joel Kovel's "Overcoming Zionism" After Initially Dropping Book Due to Rightwing Criticism
http://www.democracynow.org/2007/10/2...
Friday, April 2, 2010
Israeli air raids wound children
Three Palestinian children have been wounded after Israeli planes and helicopters launched a string of air attacks on the Gaza Strip overnight.
The Israelis claimed that the air raids were in response to rocket fire from Gaza, but Hamas which runs the Palestinian enclave blamed the Israelis for the escalating tensions.
According to Palestinian medical sources, at least seven missiles targeted various Gaza sites.
Four air attacks early on Friday destroyed two caravans near the town of Khan Younis. A fifth missile hit a cheese factory in Gaza City, setting it on fire, witnesses and Hamas officials said.
Moawiya Hassanein, head of the Palestinian emergency services in Gaza, said three Palestinian children - aged two, four and 11 - were hit by flying glass in the raid.
Hamas condemnation
Helicopters struck twice in the central refugee camp of Nusseirat, destroying a metal foundry, but no one was injured.
An Israeli military spokesman confirmed the attacks, saying they had targeted two weapons-manufacturing plants and two arms caches. There was no independent confirmation of the Israeli claim.
in depth
Ismail Haniya, the Hamas leader in Gaza, blamed Israel for the increase in tensions.
"We in the Palestinian government condemn this escalation and call on our Arab brothers in particular and the international community in general to intervene in order to stop targeting our people and the escalation against them everywhere, particularly in the Gaza Strip," he said.
Fawzi Barhoum, a Hamas spokesman, told Al Jazeera that Hamas held the Israeli government led by Binyamin Netanyahu responsible for the "escalation" and said the air raids had been expected because of threats by Ehud Barak, the defence minister, and other ministers.
He also blamed "the international community and the Arabs" for failing "to do anything about the situation in Gaza".
"The absence of the international community and the Arabs has allowed the Israelis to escalate the situation," he said.
A Palestinian man inspects the damage at a cheese factory hit by Israel [AFP]
But Silvan Shalom, Israel's deputy prime minister, adopted a defiant stand and warned of more attacks on Gaza.
"If this rocket fire against Israel does not stop, it seems we will have to raise the level of our activity and step up our actions against Hamas," Shalom told public radio on Friday.
"We won't allow frightened children to again be raised in bomb shelters and so, in the end, it will force us to launch another military operation," he said.
Israel's air attacks came after a rocket fired from Gaza landed near the southern Israeli city of Ashkelon late on Thursday, causing damage but no casualties, the army said.
Hamas leaders say they have contacted armed groups in the coastal territory accused of firing rockets in an apparent bid to calm tensions with Israel.
Israel holds Hamas responsible for maintaining security in Gaza and halting the rocket attacks.
Source
The Israelis claimed that the air raids were in response to rocket fire from Gaza, but Hamas which runs the Palestinian enclave blamed the Israelis for the escalating tensions.
According to Palestinian medical sources, at least seven missiles targeted various Gaza sites.
Four air attacks early on Friday destroyed two caravans near the town of Khan Younis. A fifth missile hit a cheese factory in Gaza City, setting it on fire, witnesses and Hamas officials said.
Moawiya Hassanein, head of the Palestinian emergency services in Gaza, said three Palestinian children - aged two, four and 11 - were hit by flying glass in the raid.
Hamas condemnation
Helicopters struck twice in the central refugee camp of Nusseirat, destroying a metal foundry, but no one was injured.
An Israeli military spokesman confirmed the attacks, saying they had targeted two weapons-manufacturing plants and two arms caches. There was no independent confirmation of the Israeli claim.
in depth
Ismail Haniya, the Hamas leader in Gaza, blamed Israel for the increase in tensions.
"We in the Palestinian government condemn this escalation and call on our Arab brothers in particular and the international community in general to intervene in order to stop targeting our people and the escalation against them everywhere, particularly in the Gaza Strip," he said.
Fawzi Barhoum, a Hamas spokesman, told Al Jazeera that Hamas held the Israeli government led by Binyamin Netanyahu responsible for the "escalation" and said the air raids had been expected because of threats by Ehud Barak, the defence minister, and other ministers.
He also blamed "the international community and the Arabs" for failing "to do anything about the situation in Gaza".
"The absence of the international community and the Arabs has allowed the Israelis to escalate the situation," he said.
A Palestinian man inspects the damage at a cheese factory hit by Israel [AFP]
But Silvan Shalom, Israel's deputy prime minister, adopted a defiant stand and warned of more attacks on Gaza.
"If this rocket fire against Israel does not stop, it seems we will have to raise the level of our activity and step up our actions against Hamas," Shalom told public radio on Friday.
"We won't allow frightened children to again be raised in bomb shelters and so, in the end, it will force us to launch another military operation," he said.
Israel's air attacks came after a rocket fired from Gaza landed near the southern Israeli city of Ashkelon late on Thursday, causing damage but no casualties, the army said.
Hamas leaders say they have contacted armed groups in the coastal territory accused of firing rockets in an apparent bid to calm tensions with Israel.
Israel holds Hamas responsible for maintaining security in Gaza and halting the rocket attacks.
Source
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