The
aim of the organisation according to him was to improve the life of the
average Nigerian and students. The bottom line of which was the
banishment of hunger and frustration, promotion of peace and harmony, as
well as encouragement of productivity and a saving culture.
Given
the cost of an American education, and the massive debt under which
American students are released into the wild, let's hope that someone
stateside gets this bright idea soon, too!
"If
you lend money to 7.3 million men, nobody will ask you why you give
loans to men. But if we do it to women, everyone will ask you why you
are working with only women,’’ Yunus said. "Before we began micro credit
project, we questioned why women borrowed only one percent of bank
money in the country and made a goal to lend women up to 50 percent of
our money.’’
Yunus cited many positive things that have happened
as a result of the tiny-loan program for women. In the past Bangladesh
mothers had an average of 6.5 babies but the average had decreased to
less than three over the last 25 years making the birth rate of the
country the lowest among neighboring countries such as Nepal, Sri Lanka
and Pakistan.
The article also gives stats on the decline of poverty in Bangladesh since the introduction of microcredit.
This site
for "The Woman's Advantage" itself needs some marketing help, since it
doesn't make clear exactly what it is: a book? a motivational speaker? a
website? But the site
is clearly dedicated to inspiring women small business owners, and you might want to check out
this page of inspirational stories about successful women entrepreneurs.
Some good advice from the
Springfield Business Journal about building wealth for your retirement outside your business.
And finally,
a fun article about a Kansas woman entrepreneur who started her small business inspired by Britain's legendary tribal queen
Boadicea.
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