Microfinance Improving the Standard of Living in...

The United Nations has established a list of 8 goals that were to be achieved. These were eradicating poverty and extreme hunger, achieve universal primary education, promote gender equality and empower women, reducing child mortality rates, improving maternal health care, combating HIV/AIDS and other deadly diseases, ensuring environmental stability, and finally to develop a global partnership for development. Although these are arduous tasks, several of these goals are being accomplished with the help of great ideas and well executed planning. Microfinance is one of the great ideas that can help in accomplish several of the goals established by the United Nations. A brief history on microfinance Microfinance is the purveying†¦show more content†¦Not only are the recipients enjoying a higher income and creating employment positions, their standard of living is enhanced significantly. But these are just a few of the institutions that are successful in creating social and economic reform. There have been criticisms to microfinance, in that it may not be as effective as advocates for the system may claim. Some advocates may claim that microfinance is the best way to eradicate poverty. Supporting research for that is not always conclusive. Economic journalist, Nicholas D. Kristof, asserts that an increase in savings rate by recipients of micro-loans is attributed to the large difference microfinance makes than simply the process of lending. Social and non-income related impacts: Although microfinance helps in combating poverty in developing countries, there is a side-effect of the implementation of MFIs in them. These are non-income or social impacts on the consumers. The microfinance industry currently serves over 80 million poor entrepreneurs globally, about 70% of who were among the poorest when they took their first loan. These clients fit the profile of those at most risk of contracting HIV/AIDS. Women, who bear the brunt of global poverty, are also the primary beneficiaries of microfinance. Microfinance has typically targeted women-led microenterprisesShow MoreRelatedChallenges for Microfinance Organizations Serving the Poor1525 Words   |  7 PagesWHAT CHALLENGES DO MICROFINANCE ORGANISATIONS FACE IN THEIR ATTEMPTS TO SERVE THE POOR? ASSESS THE POTENTIAL BENEFITS AND DRAWBACKS OF MICROFINANCE IN IMPROVING LIVING STANDARDS. Over the last 15 years microfinance institutions (MFIs) have rapidly expanded. The number of poor families with a microloan has grown from 7.6 million in 1997 to 137.5 million in 2010. Microcredit has generated significant confidence for fast poverty alleviation; creating a multiplier effect leading to the eradication ofRead MoreDevelopment And Development Of Developing Nations1350 Words   |  6 Pages We Are The Change The term Development have been intermittently used to describe the effort to lift up the developing nations out of poverty and improve their livelihood. Development is a fondness for big goals and the big plans, however at the same time too rigid to predict what will work in the messy real world. The problem is, many development initiatives have gone wrong, and continue to. In fact, people who work in the various sectors of ‘development’ admit that on a whole development isRead MoreCan Micro Loans Help Reduce Poverty in Developing Countries? Essay1176 Words   |  5 PagesMicro Loans in Developing Countries: Can Micro Loans help in Reduce Poverty The word poverty came from the Anglo-Norman word povert. Poverty is predominantly seen in the developing nations. Poverty is a where people lack their basic capacity to participate effectively in society i.e. Not having enough money to provide food and clothes to their family, not being able to work and earn for themselves. There are many reasons for poverty in developing countries some of them include overpopulation,Read MoreThe Role Of Ngo s Impact On Poverty Essay1430 Words   |  6 Pagesdeveloped countries into developing ones so that they can fulfil the second element of their function: to initiate empowerment programs, offer relief and other basic amenities to individuals who are suffering from extreme poverty; bring about some viable and effective, skill based livelihood programs; provide various public services and implement some viable development programs which are extremely handy for the poverty stricken individuals. While NGO projects individually reach many people l iving underRead MoreDifferences Between Oda And The Marshall Plan3239 Words   |  13 Pages After over four decades of development aid being directed at developing countries, the general assumption of commentators around the subject is that the majority of these recipients have witnessed very little or no economic growth, apart from a handful of countries such as South Korea and Botswana (Easterly, 2006). Further highlighting this point, Clemens (2004) observes that only five countries saw annual growth of over 7% over a 15 year period whilst 21 other recipients actually suffered negativeRead MoreDoes The One For One Model Benefit Society?1267 Words   |  6 Pagesthey give a frame to someone in a developing community. They support programs in developing countries that create sustainable, accessible and affordable eye care systems (EYEFLY). EYEFLY partners with the Brien Holden Vision Institute which works with local governments, health care providers, education institutions and communities, to build sustainable eye care systems through service development, education, training activities and related research in developing communities worldwide. In additionRead MoreRural Banking and Administration2551 Words   |  10 PagesBANKING AND ADMINISTRATION OF MICROFINANCE TO SMALL AND MEDIUM ENTERPRISES CHAPTER TWO 2.0 LITERATURE REVIEW This chapter seeks to review available literature on microfinance, the Small and Medium Enterprises (SMEs) and Rural Banking in Ghana. It lays much emphasis on the research questions and objectives of this study. 2.1 The Concept of Microfinance Microfinance has been a great development strategy for successive governments in Ghana and other developing countries. The much emphasis on the introductionRead MoreThe Poverty And Poor Economic Infrastructure2224 Words   |  9 PagesCHAPTER ONE INTRODUCTION Throughout the world, it has become increasingly noticeable in recent decades that the gap between the developed and developing nations of the world continues to widen to an almost unfathomable proportion. This truth is not only been seen from an individual wage earner’s perspective, as it is truly a regional and global economic phenomenon (Ojo and Gaul (2012)) . It is no secret that much of the world has been concerned over the course of the past century with the amountRead MoreInvestigating the Role of Micro-Finance in Female Empowerment, Kawangware Division, Nairobi County1519 Words   |  7 Pagesnumber of people in the globe. To this effect Thirlwall (2003:87) contributing to the poverty literature, says that ‘in poverty, there is feeling of powerlessness, vulnerability and fear because the poor is not free, he is exposed to greater risks and living on the margin of subsistence.’ That is to say, the poor have little or no significant say in the society; they are looked upon with contempt. In every society, especially in Africa, women are the most affected by poverty. To this effect, it is importantRead MoreImpact of Microfinance awareness in Kenya12633 Words   |  51 PagesMICROFINANCE AWARENESS AND IMPACT IN KENYA: A CASE OF NAIROBI COUNTY Table of Contents CHAPTER ONE INTRODUCTION 1.1 Background of the Study The need for development that saw the Kenya develop several strategies and plans such as the vision 2030 and the millennium development goals has led to development of the finance sector. The need for financing of the development projects has developed microfinance institutions in the country. Microfinance has received a lot of attention

Living With Terrorism Essay - 1027 Words

Terrorism has been in existence for ages, and is still relatively difficult to define. Though the word terror is clear, when it becomes applied to acts, or actors, it becomes confusing. A definition that can be retrieved from Google is â€Å"the use of violence and intimidation in the pursuit of political aims†. This gives a vague idea of what terrorism truly is. A more in-depth definition of terrorism would include characteristics such as, a crime of holy duty, a political tactic or strategy, an inexcusable abomination, or a justified reaction to oppression (What is Terrorism?). Historically, those who abused their power and superiority, often including different governments, committed the act of terrorism. An important historic event that†¦show more content†¦The attack claimed the lives of many, and the effects of this attack were devastating, affecting people from all over the world. The attack showed the world that there was a need for better airport security not only in the USA, all over the world as well, and that is just what the result of the attack was. Along with better security, there was also a great need for anti-terrorism laws, to deter these acts from re-occurring. After the attack, airport and border security was forced to create rules that were stricter to ensure the safety of all travellers. An example of the changes in border security for the USA, are that all citizens, including Canadians, now require a passport to cross the border into the USA whereas in the past Canadians did not require a passport to enter the USA. The airports were also required to make many changes, however it is difficult to give an example in particular because airport security is constantly changing, with new technology and procedures all the time. Though the terrorist attack of 9/11 was a travesty, it has served as a positive outlook for future travellers, that they can travel safely and happily knowing that there are laws, and procedures that occur to prevent such attacks from re-occurring. Terrorism is an act that affects the rights of others. Therefore in many developed countries, there are laws that have been created in order to protect these rights. Terrorism is also illegal,Show MoreRelatedTerrorism : The Economic Causes Of Terrorism1039 Words   |  5 PagesTerrorism is a dynamic and complex threat faced by our nation. It is hazardous to human life and material prosperity and should be addressed in a sensible manner. There is a need to focus on the persistent and evolving terrorist threats. Since the 9/11 attack, much attention has been drawn to terrorism globally. Terrorism does not only involve execution of an actual attack but it is a board spectrum that entails educating and researching, recruitment and radicalism. Prior to an actual attack, theRead MoreThe Threat Of Nuclear Terrorism986 Words   |  4 PagesThe USA has reported Nuclear Terrorism as the number one issue that all Americans are facing today. Nuclear Terrorist attacks in Paris, San Bernardino, California, and New York have raised tension between the US and other countries, especially Islamic countries such as Iran. Nuclear terrorism has killed many innocent people around the globe. It has become the subject of debate in the USA since the terrorist attack of September 11, 2001 (Muller, 2016). Nuclear arms production is one of the rootRead MoreIslamic Terrorism And Religious Terrorism1528 Words   |  7 PagesReligious terrorism is regularly portrayed as demonstrations of unreasonable, silly and indiscriminate violence, along these lines offering few, if any what really spur religious terrorism measures. This presumption about religious terrorism comes from different nations, groups and individual’s. Unbalanced regard for prophetically catastrophic terrorism, and an absence of qualification between religious terrorism and its mainstream partner. This article, in this manner, expects to do four things:Read MoreTerrorism Paper1425 Words   |  6 Pages(What Is Terr orism? Pg. 1). Ladies and gentlemen, I am of course talking about the agonizing issue of terrorism. Although this issue has existed for centuries, the word terrorism has only begun being used in the second part of the 19th century (What Is Terrorism? Pg. 1). The earliest account of a terrorist act in the second part of the 19th century was in 1968 when a Palestinian terrorist hijacked an Israeli airliner (What Is Terrorism? Pg. 4). There are two other factors which aid terrorism: one beingRead MoreAnalysis Of George Orwell s Nineteen Eighty Four Essay1739 Words   |  7 Pagesthis, the theme of terrorism and war is questioned by Lee Rogers in this report â€Å"The U.S. Government is Preparing for War Against the American People† where he states that the government of the U.S. is planning on going against its own citizens and their choices. All three of these dystopias, state an example of complete government control and terrorism. Terrorism is used to deceive citizens of t hese societies and strengthen government control over society. The concept of terrorism is used to not considerRead MoreThe Effects Of The 9 / 11 Attack And The Boston Marathon Bombing771 Words   |  4 PagesTerrorism is often used in asymmetric power struggles. In this source it said terrorism is, â€Å"When a weaker person, or group, is fighting against a powerful nation-state.† Terrorist groups have begun using the internet and media to spread fear. Also, to impact public opinion with their political or social message. Terrorism has been around for a very long time. Resources of the United States and other countries have been directed toward ending terrorism in American and around the world. Two majorRead MoreThe Effects Of Terrorism On The United States897 Words   |  4 Pagesand safety is changing around the world due to increase numbers of terrorism. Countries around the world are becoming more in favor of securing their border and bring in less and less immigrants. This sentiment has been gradually increasing over the years. H owever, one country government openly welcomed Syrian refugees and that nation is Germany. S. Akbarzadeh, and D. Conduit, (2016) state that more than 4.8 million refugees are living outside Syria, and many more are displaced in the country. ManyRead MoreTerrorism: Root Causes. There Is Not One Commonly Used1326 Words   |  6 PagesTerrorism: Root Causes There is not one commonly used definition for terrorism. Within the US government, each agency has its own definition, and around the world there are countless others. The Federal Bureau of Investigation (FBI) defines terrorism as â€Å"the unlawful use of force or violence against persons or property to intimidate or coerce a government, the civilian population, or any segment thereof, in furtherance of political or social objectives.† (Federal Bureau of investigation 2016) ThisRead MoreTerrorism : Killing Innocents For Noble Causes Essay1421 Words   |  6 PagesTerrorism: Killing Innocents for Noble Causes Can you remember where you were on the fatal day of September 11, 2001? When people think of terrorism, the first thought is usually about that dreadful day. Terrorism is defined as, â€Å"Premeditated and unlawful acts in which groups or agents of some principal engage in a threatened or actual use of force against human or property targets† (p. G-23). Terrorists often uses violence or threat to advance their agenda or goal. Terrorism is very widespreadRead MoreTerrorism : A Modern Terrorist Organization850 Words   |  4 PagesTerrorism is a tactic that has been used for centuries, it is one of the most important and dangerous problems facing mankind today. Terrorism is the calculated use of violence, or the threat of violence, to intimidate, frighten, or coerce. In addition, the history of terrorism is as old as humans willingness to use violence exist. The earliest known organization that exhibited aspects of a modern terrorist organization was the Zealots of Judea. Zealots of Judea were known to the Romans as

Language Corrupts Thought Essay Free Essays

Language Corrupts Thought Essay Speeches are given all the time, all around the world. Speeches are given to express thoughts and feelings by revealing the speaker’s qualities and opinions, which can impact business, politics, and world events. Politicians are constantly corrupting citizen’s thoughts. We will write a custom essay sample on Language Corrupts Thought Essay or any similar topic only for you Order Now They do this in order to distort the truth, to gain your attention, and to go along and follow what they believe. In March 2008, Sally Kern stated her position in homosexuality. Looking through Kern’s speech, she is distorting the truth by telling biased statistics, information that is irrational, and that she is influencing others with her religion view. First, Kern use of statistics is completely biased. â€Å"Matter of fact, studies show no society that has totally embraced homosexuality has lasted more than, you know, a few decades. So it’s the death knell for this country. † This so called study is completely biased because she has no proof or evidence that what she is stating is even a bit true. And she has no proof to prove to us that there have been societies that have died out because they embraced homosexuality. She is a bigot in such a way that she won’t tolerate those who hold different opinions from her own, which is not something we look for in a legislator or anyone who is a part of the government system. Throughout the speech, Kern demonstrates reasons to why she is against homosexuals. â€Å"I honestly think it’s the biggest threat even, that our nation has, even more so than terrorism or Islam, which I think is a big threat. OK? † Homosexuals are not a threat to our nation. The comparison between terrorism and homosexuals just cannot be made. Homosexuals do not cause a danger to our country or our universe, for that matter. There have been no Americans killed by LGBT citizens, if at all, there are more Americans killing LGBT citizens, not directly, but through suicidal acts. Terrorists have killed thousands of people, posing a threat to our country, which are things that homosexuals have not done. â€Å"Homosexuals are already citizens who have equal rights. They want â€Å"special rights† for the acceptance of their deviant lifestyle. I’m thankful that Oklahoma is different than California and New York. I pray it stays that way. † Once again, Homosexuals do not want â€Å"special rights†, all they want is to be able to live their life, married with their significant other. What is so different between a man and woman marriage and 2 men or 2 women marriage? Throughout history, people have stood up for things that they did not agree with. African Americans were segregated for years. George Wallace, former governor of Alabama, said in his inaugural address, â€Å"I say segregation now, segregation tomorrow, segregation forever. judging African Americans based on the color of their skin. Or the Jewish people taken from their homes to concentration camps judging them based on their religion. Homosexuality is no different. Another thing Kern continuously states in this speech is her religious view, hinting that her religious view is superior to any other. â€Å"But if I were to ask you what is the one thing that has made America great, that makes us unique, what would it be?†¦ What made us great is that we were a nation founding on Christian principles†¦ I am not saying everyone has to be Christian; this is not a homogenous nation. What you have to be is someone who believes in a Judeo-Christian ethic, in other words, in knowing there’s a right and wrong. † She asked the question, and then answered it herself. Instead of letting the American’s minds wander and to think for themselves, Kern just automatically answered for them without thought of a different opinion. Also, she contradicts herself in that last sentence. She’s telling us we can pick whatever religion we’d like, which is what should happen, but telling us we need these requirements regardless of what religion we believe in or even if we believe in one. This is said simply to push more people towards Christianity and believe with what she believes in. Kern all the way through her speech, addressed the issue of homosexuality and why she thought it was inhumane and unjust for our country. However, Kern filled her speech with absurd ideas and invalid information. Kern’s speech about homosexuality evidently failed because Kern did not back up information with proof or evidence and tried using her religion to persuade people to side with her. Work Cited http://www. boxturtlebulletin. com/2008/03/20/1662 How to cite Language Corrupts Thought Essay, Essay examples

Waking Ashland free essay sample

While searching online for new music to check out, my friend found Waking Ashland, a piano-rock band out of Southern California. We instantly fell in love with their music and were ecstatic when we found out they were playing in Boston. Our hopes fell, however, when we discovered the show was at an 18+ club. Our goal of seeing them seemed out of reach. Then, Cara decided we should e-mail the lead singer, Jonathan. She explained how much we loved their music, and our situation. She also asked to interview him for our website. If we couldn’t go to the show, at least we could meet them. He wrote back saying that he would love to do the interview and would see what he could do about getting us into the show. Our hopes rose. After several more e-mails and even phone calls to work out the details, the day finally arrived. We will write a custom essay sample on Waking Ashland or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Cara and I (along with our friends Krista and Julie) found the club and called Jonathan to let him know we were there. Seconds later, he greeted us, saying â€Å"Hey, my friends!† We introduced ourselves and got the interview started. He gave great answers to what he said were great questions, and we all laughed a lot. It was unbelievable what a nice guy he was. Afterward, he broke the news that it was unlikely he would be able to get us in for the show because the club was really strict about the age restriction. To make up for it, he asked if we would like to hear a private acoustic set before they went in for the sound check. We met the other guys in the band and we all talked as they ate dinner. Then they took out their acoustic guitars and played our favorite song, â€Å"Counting The Stars.† We stood there trying to cement this memory into our minds forever. The song sounded even better acoustic, especially since it was played just for us. What a great moment! Then it was time for the sound check and Jonathan asked us to come in, figuring that if the club wouldn’t let us in for the show, they might at least let us in for sound check. He joked that if they didn’t, he would just tell them we were his sisters. He brought us over to the merch table because we wanted to buy some shirts and CDs. They made a lot of money between the four of us! While they set up their equipment, we talked to their manager. The whole time, a club employee glared at us. They got through about half a song before we were told to leave. Reluctantly, we took our stuff and headed for the door. The guys called out their good-byes as we waved and thanked them for everything. Waking Ashland made our night a magical one. Not only did we get to meet one of our favorite bands, we interviewed them, heard them play and caught their sound check. I will always remember this night as one of my favorite memories.

The Damned Human Race Example

The Damned Human Race Example The Damned Human Race – Coursework Example The purpose of Mark Twain’s essay d The damned human race is specifically meant to explore how the human race stoops so low as a result of theirbehaviour contrary to widely held beliefs that human beings are higher animals. What is mind boggling to the Twain is that the human race originates from one distinct species (1). The paper is written in a logical flow and Twain uses satire to compare human behaviour and animal behaviour. For instance, he states that in a wide range of experiments, animals have shown consistent behaviour unlike human beings. They stock or hunt for food they can consume at a certain period and are not greed like human beings who can continue piling wealth at the expense of others. Twain succinctly states that of â€Å"all the animals, man is the only one that is cruel,† (3). The style used by the author plays a significant role in proving his point. By comparing the behaviour of man and animals, Twain is trying to prove a point that animal behavi our can be better compared to men at times. Twain uses a strong hook in the introduction where he starts by comparing and contrasting human beings to animals. The author is disgusted by the behaviour of human beings. For instance, Twain (1) states that the new Darwinian theory, â€Å"the truer one should be named the Descent of Man from the Higher Animals.† This shows that the behavior of men is lower than that of animals. In conclusion, Twain notes that there is nothing below the human race and this is the reason why their behavior should be improved. The main strength of the essay is that it uses satire and the style of writing is convincing to the readers. Works citedMark Twain. The Damned race.

Osmium Facts - Periodic Table of the Elements

Osmium Facts - Periodic Table of the Elements Osmium is an extremely heavy silver-blue metal with atomic number 76 and element symbol Os. While most elements arent know for the way they smell, osmium emits a characteristic unpleasant smell. The element and its compounds are highly toxic. Here is a collection of osmium element facts, including its atomic data, chemical and physical properties, uses, and sources. Osmium  Basic Facts Atomic Number: 76 Symbol: Os Atomic Weight: 190.23 Discovery: Smithson Tennant 1803 (England), discovered osmium in residue remaining when crude platinum was dissolved in aqua regia Electron Configuration: [Xe] 4f14 5d6 6s2 Word Origin: from the Greek word osme, a smell or odor Isotopes: There are seven naturally-occurring isotopes of osmium: Os-184, Os-186, Os-187, Os-188, Os-189, Os-190, and Os-192. Six additional manmade isotopes are known. Properties: Osmium has a melting point of 3045 /- 30  °C, boiling point of 5027 /- 100 °C, specific gravity of 22.57, with a valence usually 3, 4, 6, or 8, but sometimes 0, 1, 2, 5, 7. It is a lustrous blue-white metal. It is very hard and remains brittle even at high temperatures. Osmium has the lowest vapor pressure and highest melting point of the platinum group metals. Although solid osmium is unaffected by air at room temperature, the powder will give off osmium tetroxide, a strong oxidizer, highly toxic, with a characteristic odor (hence the metals name). Osmium is slightly more dense than iridium, so osmium is often credited as being the heaviest element (calculated density ~ 22.61). The calculated density for iridium, based on its space lattice, is 22.65, though the element hasnt been measured as heavier than osmium. Uses: Osmium tetroxide can be used to stain fatty tissue for microscope slides and to detect fingerprints. Osmium is used to add hardness to alloys. It is also used for fountain pen tips, instrument pivots, and electrical contacts. Sources: Osmium is found in iridomine and platinum-bearing sands, such as those found in the Americas and Urals. Osmium may also be found in nickel-bearing ores with other platinum metals. Although the metal is difficult to make, the power can be sintered in hydrogen at 2000 °C. Element Classification: Transition Metal Osmium Physical Data Density (g/cc): 22.57 Melting Point (K): 3327 Boiling Point (K): 5300 Appearance: blue-white, lustrous, hard metal Atomic Radius (pm): 135 Atomic Volume (cc/mol): 8.43 Covalent Radius (pm): 126 Ionic Radius: 69 (6e) 88 (4e) Specific Heat (20 °C J/g mol): 0.131 Fusion Heat (kJ/mol): 31.7 Evaporation Heat (kJ/mol): 738 Pauling Negativity Number: 2.2 First Ionizing Energy (kJ/mol): 819.8 Oxidation States: 8, 6, 4, 3, 2, 0, -2 Lattice Structure: Hexagonal Lattice Constant (Ã…): 2.740 Lattice C/A Ratio: 1.579 Return to the Periodic Table Sources Arblaster, J. W. (1989). Densities of osmium and iridium: recalculations based upon a review of the latest crystallographic data (PDF). Platinum Metals Review. 33 (1): 14–16.Chisholm, Hugh, ed. (1911). Osmium. Encyclopà ¦dia Britannica. 20 (11th ed.). Cambridge University Press. p. 352.Haynes, William M., ed. (2011). CRC Handbook of Chemistry and Physics (92nd ed.). CRC Press. ISBN 978-1439855119.

Higher National Diploma in Business, Managing Financial Resources and Assignment

Higher National Diploma in Business, Managing Financial Resources and Decisions - Assignment Example The funding of a company’s operations through the use of debentures has become a commonly followed practice in the United Kingdom. Therefore, Excellence Solution Plc. can access debentures as a mode of funding. Share capital is a main form of external financing for a private limited company. Since Excellence Solution Plc. is listed in a premium stock exchange like London Stock Exchange, it would be comparatively easy for the company to sell its shares in the capital market to raise the required finances. Bank loans are usually considered as easily accessible sources of financing. The company may take a term loan which would be repayable at equal monthly instalments and which would carry a predefined interest rate. A bank loan is tax deductible and is feasible for the company because it would help to meet the goal of the company to pay back the loan in a year’s time. The bank loans would be easily accessible by Excellence Solution Plc. This is because, the company is an established company and banks and other types of financial institutions are much interested to extend financing to an established public limited company as compared to the small business entities. Taking loans from the bank would ensure that the company does not experience any dilution of control because the banks do not have any say in the decisions and management of the company. The interests paid on bank loans are tax deductible which would be highly advantageous for a company with high scale operations. But, in case of bankruptcy, the loan would act as a major burden because it is obligatory for the company to pay back the loan irrespective of its financial position. For an established public limited company like the case company, it would be very easy to access share capital. Not only are the shares capable of generating high amounts in the capital markets but also, they are likely to be bought by the shareholders in