“You know that mantra, "Give a man a fish, he'll eat for a day. Teach a man to fish, he'll eat for a lifetime"?
It's missing something: microfinance is the fishing rod, the boat, the net, etc. Cash and dignity, side by side...
Maybe the mantra should be: "Give a man a fish, he'll eat for a day. Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime."
- Bono, The New York Times, September 21, 2005
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Microcredit has been changing people's lives and revitalizing communities since the beginning of trade. Currently microentrepreneurs use loans as small as $100 to grow thriving business and, in turn, provide their families, leading to strong and flourishing local economies. The year of Microcredit 2005 calls for building inclusive financial sectors and strengthening the powerful, but often untapped, entrepreneurial spirit existing in communities around the world.
The second European Conference entitled "Microfinance and social inclusion" will be held in Barcelona, Spain, from October 26th to the 28th 2005.
The third exchange visit organised by EMN will take place in Finland September 28th – 30th and will be hosted by one of EMN's member: Finnvera. Among the 16 regional offices of the company, participants will have the opportunity to be located in 8 of them: Oulu, Jyväskylä, Tampere, Pori, Helsinki, Uusimaa, Kuopio and Seinäjoki.
An on-line publication of the International Year of Microcredit and UNCDF, is available now at: http://www.uncdf.org/english//microfinance/newsletter/pages/2005_09/index.php
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