Tag Archive: poverty



TED Talks Jacqueline Novogratz tells a moving story of an encounter in a Nairobi slum with Jane, a former prostitute, whose dreams of escaping poverty, of becoming a doctor and of getting married were fulfilled in an unexpected way.

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I needed this to be inspired again.  This is a great reminder of how empowering the poor through Aid or Loans will help them get out of poverty.  I truly admire all the Jacquelines of this world.

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I admire what these young men are doing. It made me wonder how will I fair if I was doing the same experiment.  They say experience is the best teacher.  And these boys are immersing themselves in the lives of the poor to gain awareness of their living conditions and to see if microfinance is really sustainable.  This is something I’d like to answer myself.

I have been impressed by the idea of Muhammad Yunus on microfinance and have since believed in his advocacy. But it has always intrigued me of what a few of his critics claim that the poor are getting into further debt trap in this kind of system. I can’t help but wonder if those really have a basis or its just a phase that the micro-entrepreneurs will have to go through at first but will eventually grow out from through hardwork.  There might be some truth to this but compare this to the number of people who were helped by this system..  I found more success stories than the negative feedback.  So, I still believe more that empowering poor people who lack access to capital will help them get out of poverty or at least idleness.  As the saying goes “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.”
Giving this people capital to empower them to start a small business, rather than donate them goods, will make them capable of sustaining themselves.  It will give them a sense of purpose and power that THEY CAN lift themselves out of their poverty.   This claim can be further strengthened by experiments like this and can either prove or disprove negative claims.

I have a curious personality.  I always want to try stuff even if other people warned me against it.  I want to know for myself so I try it anyway.  😀 I have all the time now to do this.. now that I have decided to devote my life to helping the poor, the society in any little way i can.. I probably just need 2 or 3 more people. Hmm… and that’s hard, who would want to try to live one dollar a day.  I don’t even know if I can do this.  But what the heck, I want to try it just for the sake of curiosity and adventure. =D This will definitely be in my Bucket list.


TED Talks Jacqueline Novogratz shares stories of how “patient capital” can bring sustainable jobs, goods, services — and dignity — to the world’s poorest.

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TED Talks What do you think of people in poverty? Maybe what Jessica Jackley once did: “they” need “our” help, in the form of a few coins in a jar. The co-founder of Kiva.org talks about how her attitude changed — and how her work with microloans has brought new power to people who live on a few dollars a day.

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