Microfinance Alliance promotes microcredit as a way for the poor to get out of poverty.
You know that mantra, “Give a man a fish, he’ll eat for a day. Teach a man to fish, he’ll eat for a lifetime”? … Cash and dignity, side by side. Part of Professor Yunus’s brilliance was to lend the money to women, who are much more reliable at paying back loans. Maybe the mantra should be: “Give a man a fish, he’ll eat for a day. Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime.”
—Bono, New York Times, Sept 2005.
MicroFinance Alliance Mission
To create economic and social development from below by:
- Promote microcredit as a way to help the poor get out of extreme poverty.
- Helping ambitious individuals by creating a platform for them to achieve their goals.