Mrs Jordyn Dawson
Biografi |
Green Trust Cash Micro Loan Disasters Considered![]() Running a Think Tank is an interesting thing to do in retirement, and still, I worry sometimes about folks and non-profit groups which mean well, but make really unfortunate errors in judgment when helping. Not long ago, I was discussing all this with a gentleman from India who specialized in securing money from NGOs and other groups, finding both grants and monies for micro-loans for micro-businesses. So far, he has stacked up considerable successes. Unfortunately, he is the exception, as generally do-gooders, NGOs, and non-profit groups waste huge amount of money funding the wrong things and misunderstanding the real problems and challenges which exist. He explained one group which created a system with people in-country to hand out micro-loans, but they had made loans to Rickshaw Pullers, and these green trust cash guaranteed installment loans direct lenders only are having trouble being re-paid because in the cities where they made the green trust cash direct lender online loans bad credit, there are now far too many cars crowding the rickshaws off the roads. Not only is it not safe, but there are now fewer riders. There was an interesting article in the Los Angeles Times which reminded me of what my friend in India explained to me. "Kolkata's Rickshaw Pullers See a Pretty Bleak Future," by Mark Magnier. Generally when we think of progress and change in such future Super Power Nations, we fail to realize the human toll that change takes. Fast moving change provides lots of opportunity, but it also leaves some people in the dust; yes, and smog, on the side of the road. In India many of the rickshaws have been taken away, because they move too slow, impede traffic, and contribute to accidents. A sign of progress, yes, but for the group which funded many of these micro-green trust cash northern plains loans reviews it's a disaster, and that money could have gone to something much better. This is one reason that non-profits and social enterprises must carefully consider all the ramifications of each of their gifts, grants, or endeavors. Most micro-loan programs run correctly do quite well in India, and this is helping in so many ways at the ground level, where real people are, and it really makes a huge difference, that is when it's done correctly, for the right reasons, and when regional variation is completely considered. It takes proper planning, and understanding of the way of life in that local area, city, or village. Micro-loans have helped raise up 10s of millions of people, and I assume this strategy will continue to do so far into the future. I just hope you will realize the full impact of this warning if you are planning to help others in such a profound way. Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes in doing it right; http://www.detailguys.com/founder.shtml. Note: All of Lance Winslow's articles are written by him, not by Automated Software, any Computer Program, or Artificially Intelligent Software. None of his articles are outsourced, PLR Content or written by ghost writers. |