I think microfinancing is a very noble thing. I'm very glad that it focuses highly on the poor women. The best thing is that the poor people from different countries get a good oppurtunity to improve their lives. It gives them confidence that they can really bring up their family. Also, these people can show their talents by working hard.
I don't think that microfinancing can eradicate poverty altogethere because I have a strong feeling that poverty in the world can only be reduced, we can't get rid of it totally.
I strongly think that Singapore, as a society puts a lot of effort in taking care of the poor. Firstly, in Singapore the students belonging to a poor family get a lot of concession in paying their fee for their education. Secondly, education is compulsory for everybody regardless of their financial status. Lastly, I realise that there are quite a number of charity organisations.
Subscribe to:
Post Comments (Atom)
Yup. Totally agree that there will never be truly an equal world. that is such a communist thought. When everything's equal, then people will get complacent because there is no incentive to work hard. :)
ReplyDeleteEducation is one of the best ways to move up society. :) It's one of the things that everybody gets and is in control of regardless of our families' status.