August 2007: Ask your rep to attend the meeting with the World Bank president on Microcredit
Globally, one billion people live on less than $1 a day.
The first Millennium Development Goal is to cut absolute poverty in half by 2015.
While not a panacea, microcredit provides small loans and other financial services to help start or expand a small business and can help provide a dignified route out of poverty.
One congressman called it a hand up, not a handout.
After foot-dragging by two previous World Bank presidents, new World Bank President Robert Zoellick agreed to meet with members of Congress to discuss four policy changes:
It is critical that you meet with the World Bank president and make sure that these changes happen.