Tag Archives: Micro Credits

Do the Micro!

8 Jun

Heading towards the end of my blogging-“career”, I looked at my previous posts and skimmed them quickly. Which were the good ones? The passionate ones? Those who I am “proud” of? Blogging made me realize that there is a general field that really is able to please and outrage me at the same time, (international) politics. Things that made me WANT to write about. At the same time, I also figured that I have neglected one important topic of my studies: business.
Actually business and politics do have a lot in common, but combining it with IT aspects? That’s a tough one. I talked to friends about it and suddenly it fell like scales from my eyes : Microcredits.

Well, I don’t want to explain you in detail how microcredits work and how they were created, probably you already heard and read about it (and if not, I’ll let Wikipedia to the job here). I’d rather raise the question wether and how micro credits are working now, after they have been active for several years? Micro financing was the answer to the problems in third world countries, after people realized that donating money would not solve the problems in these countries. The idea of micro credits (espacially to women) by building up own businesses and helping people to help themselves,  turned out to be a very promising matter in development aid ,espacially in the long-term.

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