Comments on: More alternative models of tackling poverty http://www.kenyanpundit.com/2005/11/03/more-alternative-models-of-tackling-poverty/ Opinions, commentary, na kadhalika Fri, 05 Dec 2008 13:38:50 +0000 http://wordpress.org/?v=2.6 By: Steve G http://www.kenyanpundit.com/2005/11/03/more-alternative-models-of-tackling-poverty/#comment-137 Steve G Tue, 15 Nov 2005 14:52:45 +0000 http://www.kenyanpundit.com/?p=58#comment-137 My wife and I are purchasing a two acre farm near the Rift Valley for a family we have supported since 1990. The purchase is being supervised by the Christian Children's Fund. My question is.... is two acres enough to lift this family out of poverty? What other type of support should we be providing? :grin: My wife and I are purchasing a two acre farm near the Rift Valley for a family we have supported since 1990. The purchase is being supervised by the Christian Children’s Fund. My question is…. is two acres enough to lift this family out of poverty? What other type of support should we be providing? :grin:

]]> By: Rich http://www.kenyanpundit.com/2005/11/03/more-alternative-models-of-tackling-poverty/#comment-102 Rich Sun, 06 Nov 2005 15:57:29 +0000 http://www.kenyanpundit.com/?p=58#comment-102 Good resources to explore. I am curious what their interest rates are. The repayment time seems too short for most small scale business in Kenya where cash-flow is a big problem. While these microfinance structures seem(potray) to have good intention, it seems to me like it could be another banking niche [with interests higher thanin the USA]. Do they pay taxes or are they exempt as NGOs? Good resources to explore. I am curious what their interest rates are. The repayment time seems too short for most small scale business in Kenya where cash-flow is a big problem. While these microfinance structures seem(potray) to have good intention, it seems to me like it could be another banking niche [with interests higher thanin the USA]. Do they pay taxes or are they exempt as NGOs?

]]> By: lilalia http://www.kenyanpundit.com/2005/11/03/more-alternative-models-of-tackling-poverty/#comment-99 lilalia Sat, 05 Nov 2005 09:52:25 +0000 http://www.kenyanpundit.com/?p=58#comment-99 Please go and read today’s article in the NYT and spread the important news: “Pierre M. Omidyar, the founder of eBay, and his wife, Pamela, gave $100 million to Tufts University this week, with some unusual strings attached. The gift, the largest Tufts has ever received, must be invested in organizations that make small loans to poor people in developing countries, a field known as microfinance. Further, Tufts may use only half the income from the investments for itself; the rest must be reinvested in microfinance.“ Link to full article: http://www.nytimes.com/2005/11/04/education/04tufts.html It would be important for organisations such as in this posting to try and receive support for the business and educational programs they are doing. Good luck! P.S. Sorry, I placed this comment in the wrong posting below. <strong>Thanks for this!</strong> Please go and read today’s article in the NYT and spread the important news:

“Pierre M. Omidyar, the founder of eBay, and his wife, Pamela, gave $100 million to Tufts University this week, with some unusual strings attached.
The gift, the largest Tufts has ever received, must be invested in organizations that make small loans to poor people in developing countries, a field known as microfinance. Further, Tufts may use only half the income from the investments for itself; the rest must be reinvested in microfinance.“
Link to full article:

http://www.nytimes.com/2005/11/04/education/04tufts.html

It would be important for organisations such as in this posting to try and receive support for the business and educational programs they are doing.

Good luck!

P.S. Sorry, I placed this comment in the wrong posting below.

Thanks for this!

]]> By: Global Voices Online » Blog Archive » New development models http://www.kenyanpundit.com/2005/11/03/more-alternative-models-of-tackling-poverty/#comment-97 Global Voices Online » Blog Archive » New development models Fri, 04 Nov 2005 16:41:16 +0000 http://www.kenyanpundit.com/?p=58#comment-97 [...] ub-Saharan Africa Kenya Global Roundups Kenyan Pundit has some more links llustrating alternative ways to address poverty and development issues. Sokari Ekine   [...] [...] ub-Saharan Africa Kenya Global Roundups Kenyan Pundit has some more links llustrating alternative ways to address poverty and development issues. Sokari Ekine   [...]

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