Give the Poor Tools to Lift Themselves Out of Poverty

Okay, this has absolutely nothing to do with real estate…but it does have to do with helping another person. So bear with me.

Recently I’ve been following the Grameen Foundation, and have had a profound interest in the organization and what they are doing to help the poor–especially woman: providing microloans to help these people defeat poverty and make better lives for their families.

Are you familiar with microloans or microfinance?

Muhammed Yunnus, the man behind Grameen, is called “the banker of the poor” and a “micro lending pioneer,” which earned him a Nobel Peace Prize last year. He basically came up with the concept of microloans.

And he has a goal to reach 5 million new clients in 5 years.

The way I see it, that’s literally 5 million men or women who could provide appropriate food, shelter and clothing for their children.

And to me that is very exciting. And immensely rewarding to stay informed, spread the word and donate.

If you are interested in learning more about this effective poverty reduction strategy, visit the Grameen site.

And let me know what you think. I really am excited about this and would like to hear from you.