Cempaka Asean: Microcredit in Bangladesh 'helped 10 million'

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - Text version)

“….. Here is the prediction: China will turn North Korea loose soon. The alliance will dissolve, or become stale. There will be political upheaval in China. Not a coup and not a revolution. Within the inner circles of that which you call Chinese politics, there will be a re-evaluation of goals and monetary policy. Eventually, you will see a break with North Korea, allowing still another dictator to fall and unification to occur with the south. ….”

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Friday, January 28, 2011

Microcredit in Bangladesh 'helped 10 million'

BBC News, 27 January 2011

Microcredit lifted 10 million Bangladeshis out of poverty between 1990 and 2008, according to a report.

Microcredit is predominantly offered to women to
enable them to better control family finances

The work of Grameen Bank and others helped many families to raise their income above $1.25 a day, said the US-based Microcredit Summit Campaign.

The study follows recent criticism of microfinance, which works by providing small loans to people to invest in generating their own incomes.

Some experts argue the report may have missed the bigger picture.

They say the success stories are comparatively few compared to the overall number of borrowers.

'Progress'

The report drew on a survey of more than 4,000 households by the Economic Research Group in Dhaka.

Alex Counts of Grameen Bank said: "This survey reminds us that even in difficult circumstances, major progress can be made."

Floods in 1998 and the food crisis of 2008 caused millions of families to fall below the $1.25 threshold.

Related stories

However, even with these setbacks, nearly 10 million people rose above the poverty level.

But Dr Qazi Kholiquzzaman Ahmad, the chairman of PKSF which loans money to microcredit agencies in Bangladesh, says that his studies in 2006-2007 showed that only 7% of micro-borrowers were able to rise above the poverty line.

"Many borrowers remained where they were, while others suffered setbacks," he told BBC World Service's World Business News.

"In this latest study, only 10% of people have moved up, leaving the other 90% where they are. We cannot conclude that a whole lot has been achieved," he added.

Conflicting data

This news comes at a time when microfinance has come under close scrutiny over recent months.

Serious charges emerged about microfinance borrowers taking on multiple loans and too much debt, coercive collection practices by microfinance staff, and even suicides among borrowers who were unable to meet their payments.

India's multi-billion dollar industry was on the brink of a mass default until all the major banks in the country agreed to continue lending to microfinance firms.

There is no social network to help women who lose
their husbands, so many are forced to beg

The evidence for microcredit lifting people out of poverty remains highly contested.

"Bangladesh is the capital of microcredit being used to tackle poverty," said Alun Doran at Oxfam, "but the numerous studies about its effectiveness are conflicting."

He said there was a distinction between poverty alleviation and poverty reduction.

Poverty alleviation involves mechanisms which can help people get out of poverty - and stay out.

"Secure savings are the preferred financial instrument rather than credit," Mr Doran maintained.

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Friday, January 28, 2011

Microcredit in Bangladesh 'helped 10 million'

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