Posts tagged with: microfinance

Sarah Stanley
posted by on Thursday, April 4, 2013

Connecting CommunitiesA recent report by the United Nations states that out of the world’s seven billion people, six billion have a mobile phone, but only 4.5 billion have a modern toilet. In India, there are almost 900 million cell phone users, but nearly 70 percent of the population doesn’t have access to “proper sanitation.” Jan Eliasson, the UN Deputy Secretary General has called this a “‘silent disaster’ that reflects the extreme poverty and huge inequalities in world today.”

Despite the lack of sanitation, most people are able to afford a mobile phone with a wide range available for [$15] or less and the price of calls reducing from [15c] a minute to [3c] a minute in the last decade.

This report focuses on the negative: the lack of sanitation for those in abject poverty, but it fails to note the extraordinary fact that people living in poverty have access to a device that was, until recently, a luxury item for wealthy Americans. Tim Worstall, a contributor on Forbes.com, addresses this report in a recent article:

It’s possible to be a little cynical about this phones versus thrones number though. Actual flush toilets aren’t in fact the problem. What is the provision of water to flush them and a sewage system to flush them into. Both of which are largely government provided. While mobile phone systems are largely private company provided. Whether you want to call it the lust for profit or the greater efficiency of the private sector, it won’t surprise the more right leaning of us that phones do have a greater market reach than toilets.

Andreas Widmer, president of The Carpenter’s Fund in Switzerland, has spoken a great deal about small businesses, aid, and investing in Africa. In an interview with PovertyCure, he explains causes of poverty: Read more on Cell Phones, Microfinance, and Poverty…

Joe Carter
posted by on Tuesday, May 22, 2012

Nowhere in his article for The Atlantic does Joshua Foust use the “s” word.  But it’s obvious from the examples he mentions that the key to providing aid to Pakistan is applying the principle of subsidiarity:

Read more on Small Scale Subsidiarity…

Returning from a conference earlier this week, I had the chance to speak with Garreth Bloor, a student at the University of Cape Town in South Africa, about his engagement with politics, the role of religion and civil society, and “Mama Africa’s” story of microfinance success.


In the interview Garreth recommends “The Call of the Entrepreneur” and Lessons from the Poor.

Read more on Politics, Civil Society, and Microfinance in South Africa…

Kevin Schmiesing
posted by on Thursday, August 7, 2008

From time to time, we’ve drawn attention to and discussed the merits of microfinance.

A recent series of posts on the subject by Christian missionary, Mark Russell, reflects on the relationship between mission and microfinance. It’s a nice articulation of the rationale behind Christian support for such programs, focusing in particular on the economic and cultural environment of central Africa (the Congo).

Read more on Mission and Microfinance…

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