Acton Institute Powerblog

Big Story on Small Loans

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Today’s Christian Science Monitor has a story on the increasing use of micro-loans by Christian aid and development groups. According to the story, “Religious organizations are increasingly adopting the Talmudic sentiment that the noblest form of charity is helping others to dispense with it.”

Ron Sider, in the twentieth anniversary edition of his book, Rich Christians in an Age of Hunger, strongly endorses the use of micro-loans as a means of getting desperately needed capital to those who need it and can put it to good use. It seems like the word is getting out.

Rev. Jerry Zandstra relates the plight of a person in need of capital, and the way a personal micro-loan can make use of “Useless Resources.”

HT: GetReligion

Jordan J. Ballor Jordan J. Ballor (Dr. theol., University of Zurich; Ph.D., Calvin Theological Seminary) is a senior research fellow and director of publishing at the Acton Institute for the Study of Religion & Liberty. He is also a postdoctoral researcher in theology and economics at the VU University Amsterdam as part of the "What Good Markets Are Good For" project. He is author of Get Your Hands Dirty: Essays on Christian Social Thought (and Action) (Wipf & Stock, 2013), Covenant, Causality, and Law: A Study in the Theology of Wolfgang Musculus (Vandenhoeck & Ruprecht, 2012) and Ecumenical Babel: Confusing Economic Ideology and the Church's Social Witness (Christian's Library Press, 2010), as well as editor of numerous works, including Abraham Kuyper Collected Works in Public Theology. Jordan is also associate director of the Junius Institute for Digital Reformation Research at Calvin Theological Seminary.

Comments

  • Give a man a fish and he still needs clothes and a house. Offer him a job and you offer him … civilization.

    A private loan for a small business is EXACTLY what is needed — and why most gov’t to gov’t aid fails to reach the poor.