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Ch. 8 Exploring Variations in MicroFinance 2.0. The Poor Will Be Glad By Peter Greer and Phil Smith. PHONE LOANS. - Grameen Phone. MICRO INSURANCE. - Insurance is a luxury that most poor people cannot afford - A benefit to those who borrow. LIFE SKILLS EDUCATION.
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Ch. 8 Exploring Variations in MicroFinance 2.0 The Poor Will Be Glad By Peter Greer and Phil Smith
PHONE LOANS - Grameen Phone
MICRO INSURANCE - Insurance is a luxury that most poor people cannot afford - A benefit to those who borrow
LIFE SKILLS EDUCATION “Microfinance institutions are utilizing their reach to inform clients and their communities about everything from business training to the benefits of breast- feeding, from labor codes to language skills. Clients and those in their communities can learn to be healthier, productive citizens. When integrated with the church, this can deepen relationships that point people to Christ.” (100)
MICROPHARMACIES - Provide basic health services and access to medicine such as simple antibiotics.
MICROSCHOOLS Provide loans to educational entrepreneurs who open schools in poor neighborhoods where children, especially girls, would otherwise be unable to access public education. In essence, they are providing loans and training for people who open private schools around the world. (103)
CORPORATE PIGGYBACKING Pepsi – Cola and CCT brought clean water to a depressed area
OTHER EXAMPLES Housing Improvement loans Agriculture Financing People groups: Beggars, Youth, Prostitutes