The Poor Will Be Glad

By Peter Greer and Phil Smith

Ch. 8 Exploring Variations in MicroFinance 2.0

- Grameen Phone

PHONE LOANS

- Insurance is a luxury that most poor people cannot afford

- A benefit to those who borrow

MICRO INSURANCE

“Microfinance institutions are utilizing their reach to inform clients and their communities about everything from business training to the benefits of breast- feeding, from labor codes to language skills. Clients and those in their communities can learn to be healthier, productive citizens. When integrated with

the church, this can deepen relationships that point people to Christ.” (100)

LIFE SKILLS EDUCATION

- Provide basic health services and access to medicine such as simple antibiotics.

MICROPHARMACIES

Provide loans to educational entrepreneurs who open schools in poor neighborhoods where children, especially girls, would otherwise be unable to access public education. In essence, they are providing loans and training for people who open private schools around the world. (103)

MICROSCHOOLS

Pepsi – Cola and CCT brought clean water to a depressed area

CORPORATE PIGGYBACKING

Housing Improvement loans

Agriculture Financing

People groups:

Beggars, Youth, Prostitutes

OTHER EXAMPLES