My colleague Tom Gallagher kindly sent me a link to an article he penned a few years ago about an alternative to payday loans: microcredit. I once visited a microcredit operation in Tula, Mexico, where mostly women found the necessary financial backing to start small businesses. It was amazing to see and the center where the operation was run was a center of social networking for these women, most of them poor, many young mothers. They helped each other not only with their finances, but with taking care of each others' children, they had speakers who talked about health issues, it was community organizing at its best. As Gallagher notes, there is no reason we can't do it here.
NCR Email Alerts
Sign up to get NCR updates by email. Existing users: change your preferences here. Enter your email address in the box below and click “Go.”
In This Issue
- Francis tells cardinals not to be 'closed caste,' seek contact with marginalized
- Kayla Mueller's encounter with a suffering God
- Ohio Congressman describes 'evolution' from pro-life to pro-choice
- This issue's Special Section: Colleges & Universities
Not all of our content is online. Subscribe to receive all the news and features you won't find anywhere else.