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My idea: I would like to spend Euro 50 for a girl child education as in our country, this amount makes a child to study for one year. Educating a female means educating the whole family because today’s girls are tomorrow’s mothers. When we educate girls today then we can secure our future generation. As mothers they can develop their children from a very young age.
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by Shweta Birla posted 23rd February, 2010 0 comments 35 votes
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My idea: In my country 50 euros would make approximately
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by Saad Khan posted 4th February, 2010 5 comments 34 votes
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My idea: I would use the money as microfinance loans for entrepreneurs who are living in poverty. Two 25 euro loans can help two of these people start their own businesses or expand the existing businesses. The entrepreneurs will use the increased incomes to pay the loans back. I will then loan the same funds to other two entrepreneurs. Microloans have a repayment rate of over 95%. This means that I will be able to help up to 40 households to permanently increase their incomes. |
Poverty alleviation through microloans posted 15th February, 2010 6 comments 30 votes
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