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Location:
Davenport, Florida, United States
Occupation:
Business Consultant
I loan because:
Micro-Loans to small businesses tend to have a greater and longer lasting impact to the entrepreneur and his/her community than simply giving it away ---> A hand-up (training, planning, micro-loan, accountability and support) is far better than a hand-out. The hand-up approach promotes self-reliance and financial independence which leads to development and progress. Conversely, hand-outs encourage continued dependence on the giver. Just as the old Chinese proverb says, "Give a man a fish and you feed him for a day. But teach a man to fish and you feed him for a lifetime..........(I add) and if you teach his wife to fish, the whole family eats for a lifetime." www.globalissues.org/article/26/poverty-facts-and-stats
Member Since:
Dec 2, 2007
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