In the article below, they mention that the focus of the initiative is to enable microfinance institutions to rise up to serve the poor community. Wikipedia, has a really great article on it.
The basic idea is that poor communities don't have financial institutions in order to get loans or to save money and earn interest, and if they had some they might rise up to be not such poor communities.
A poor farmer with no land could improve his situation, for instance, if he could afford a loan to buy better irrigation equipment or more land. The poor guy might not even have proper title to the land he has because of his messed up government, so commercial financial institutions, in the interest of protecting themselves and their other customers, can't risk giving him the loan. Developing microfinance works to fix this problem, without just giving away money so that people still have their dignity and learn to help themselves better so that they grow not to need any help(or even grow enough to be able to help others, as the UPF would especially hope).
Here's something from Wikipedia that really sums it up well.
I hope it all works out, and pray especially that nobody involved in this gets greedy and tries to take advantage of the poor in Nepal.
Key principles of microfinance
Key principles of microfinance were developed in 2004 by Consultative Group to Assist the Poor (CGAP) and endorsed by the Group of Eight leaders at the G8 Summit on June 10th, 2004. Among the key principles, summarizing a century and a half of development practice, are the following:
- 1. Poor people need a variety of financial services, not just loans.
- 4. Microfinance can pay for itself, and must do so if it is to reach very large numbers of poor people.
- 5. Microfinance is about building permanent local financial institutions.
- 8. The job of government is to enable financial services, not to provide them.
- 10. The key bottleneck is the shortage of strong institutions and managers.
More generally, the Principles assert that “Microfinance means building financial systems that serve the poor.” Financial systems include strong financial institutions but also much more: more competitive financial markets, better government regulatory services and better complementary services (practitioner education, auditing, etc.)
The Universal Peace Federation has an even more detailed article by Robert Kittel (A UPI Correspondent) on it which can be read here.
He sums it up like this:
The four-party alliance will create a nationwide movement to enable underprivileged sections of the population throughoutBelow is the article from Rising Nepal.
to achieve economic self-sufficiency through a combination of micro-financing and in-kind product loans, coupled with basic business training and a grassroots support system. Nepal
Another, entirely unrelated thing I wanted to mention, was sex. Basically, there's an article by Alan Farnham of Forbes describing how healthy it is to make love. For me, it really shows how important our sexual organs were to God when he designed them, and it seems to me that we were designed so well to make love to our spouse often and throughout our married lives.
Those poor Catholics (as well as others) are not only inciting their priests towards child molestation by not allowing them to marry, and not only are they simply and truly preventing God's plan from taking effect, but they are going against keeping their priests and nuns healthy.
Here's the article, which is not religious at all. Goodnight. I hope that, for your spiritual and physical health, you're lucky enough to have your spouse beside you tonight, or even during the day.