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We Let You Loan to Low Income Entrepreneurs Kiva's mission is to connect people through lending for the sake of alleviating poverty. Kiva is the world's first person-to-person micro-lending website, empowering individuals to lend to unique entrepreneurs around the globe. The people you see on Kiva's site are real individuals. When you browse entrepreneurs' profiles on Kiva, choose someone to lend to, and then make a loan, you are helping a real person make great strides towards economic independence and improve life for themselves, their family, and their community. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates and track repayments. Then, when you get your loan money back, you can relend to someone else.
In 1993, a Sri Lankan zone worker by the name of Ranjith Mudiyanselage was killed for appearing to challenge this policy. After complaining about a faulty machine that had sliced off a co-worker's finger, Mudlyanselage was abducted on his way out of an inquiry into the incident. His body was found beaten and burning on a pile of old tires outside a local church. The man's legal adviser, who had accompanied him to the inquiry, was murdered in the same way.
Carmelita died on March 8, 1997, International Women's Day, at the Andres Bonifacio Memorial Hospital in Cavite, the Philippines, after 11 days in hospital. According to a statement released by her co-workers at V.T. Fashion, "Carmelita was killed by her 14 hour workday every day plus overtime of eight hours every Sunday." (Philippine News Features, March 19, 1997).
"Money is the root of all evil"
Yeah, I'm not sure if capitalism has helped the Third World all that much.
upload.wikimedia.org...
people are forced to work in the sweat shops
In 1993, a Sri Lankan zone worker by the name of Ranjith Mudiyanselage was killed for appearing to challenge this policy. After complaining about a faulty machine that had sliced off a co-worker's finger, Mudlyanselage was abducted on his way out of an inquiry into the incident. His body was found beaten and burning on a pile of old tires outside a local church. The man's legal adviser, who had accompanied him to the inquiry, was murdered in the same way.
By the way, I find it ironic that you open the post with a Biblical quote, but later pooh-pooh on the following one: "Money is the root of all evil"
Originally posted by Someone336
By the way, I find it ironic that you open the post with a Biblical quote, but later pooh-pooh on the following one:
"Money is the root of all evil"
[edit on 23-1-2010 by Someone336]
Originally posted by Jazzyguy
Not easy to get out of, they're an expert in dangling you lots of kinds of "loans", people who don't know better will get trapped.
"From the onset of the debt crisis in 1982, until 1990, debtor countries paid creditors in the North $6,500 million [$6.5 billion] per month in interest alone," reports the British magazine New Scientist. "Yet in 1991 those countries were 61 percent more indebted than they were in 1982." While the U.S. press is apt to portray the IMF and World Bank as selfless Good Samaritans, the reality is that these 50 year-old institutions function more like global loan sharks. One way countries are encouraged to repay their debts is by shifting from domestic agriculture to export crops.
So I do help the third-worlder build water-sources, get school-books or lend him money to build his own Business. A recent good example of micro-lending or Capitalists helping the third world is Kiva, a site where anyone on the Internet can support a thirld-worlder who is willing to be pro-active, willing to set-up a small business, willing to work
"America is not rich because of Capitalism but because of its natural resources"
The truth: Africa, South America, Asia are rich in natural resources while Singapor, Hong Kong, Taiwan, Great Britian, etc hardly have any.
We have a higher standard of living, higher health, higher life expectancy.
It is true that Colonialism had negative effects on indigenous people around the globe. But Colonialism is not Capitalism.
Canada, Australia and HongKong were colonies. Why arent they poor? Ethiopia, Liberia, Bhutan, Tibet were no colonies. Why are they poor?
In the same way Capitalism, Education and Love can and will help the Thirld World arise from sickness, malnutrition, war to more peace and prosperity.
To help in this respect we need to STOP GIVING FOREIGN "AID", stop falling for the constant calls of "Help this Country" and "Donate to that Country" and start helping our fellow humans, our brothers and sisters in the third world out in terms of Self-Sufficiency.