Charity Director Questions Whether Microfinance Actually Helps Poor People, and More: Friday’s Roundup
By Maria Di Mento
Senior Editor
October 9, 2009
- Microfinance — efforts to provide small loans to entrepreneurs in impoverished countries — has been somewhat over hyped in its ability to fight poverty, says Josh Ruxin, director of RwandaWorks, on the video blog Big Think.
- While natural disasters often spark an outpouring of generosity, if more people provided donations to the American Red Cross and other aid groups to mitigate the effect of earthquakes and such, more lives might be saved, says Sandy Stonesifer in her Slate column about charitable giving.
