Tag Archives: MDG’s

Microfinance – A Hype or An Effective Financial Tool For the Poor?

  Is Microfinance an effective financial strategy to eradicate poverty particularly in developing economies? I would blog on this as briefly and pragmatic as possible, as some of you may know that this topic is quite broad and would require empirical data/analysis to support any findings and recommendations. In its simplest terms, microfinance involves extending loans to a group of borrowers or individuals, specifically the  marginalized sector of society involving poor people encountering difficulties to transact business with private and government banking institutions. In other words, these are the poor people throughout the world numbering over 1 billion living in rural areas … Continue reading Microfinance – A Hype or An Effective Financial Tool For the Poor?

Making Noise for UN’s Millennium Development Goals – Series of Tips and Thoughts

While this is not my first involvement as one of the bloggers of Bloggers Unite (BsU), a month ago, I was invited via email by one of the organizers to participate in the campaign to make some noise for the United Nations (UN) Millennium Development Goals (MDGs). Briefly, UN MDGs cover a broad spectrum of policy framework adopted by the world leaders in 2000 and is spearheaded by the UN with certain “ambitious” end goals and indicators to achieve. Said development goals include, among other things, 1) eradicate extreme poverty and hunger; 2) achieve universal primary education; 3) promote gender … Continue reading Making Noise for UN’s Millennium Development Goals – Series of Tips and Thoughts