As a student at Avila I had the special opportunity to give money toward a loan to a lucky recipient across the country through and organization called FINCA. FINCA is an organization that provides microfinance loan opportunities to a plethora of people in 21 different countries. I had the chance to choose a recipient to make a loan to that was funded through t-shirt sales at Avila. We were inspired to make these loans as a university because our common reading story this summer was International Bank of Bob by Bob Harris where the author writes about his adventures meeting recipients of his KIVA loans, and organization much like FINCA. My chosen FINCA client is named Rhoda Mwale. Rhoda Mwale lives in the country of Zambia, where her …show more content…
I also thought that it was incredible that a family with so little never gave up, and the perfect example of this is their mud house. It is so inspiring that they took advantage of the resources they had and turned it into something beneficial for their family. Because of the past that I had been encouraged by in reading Rhoda’s bio on the FINCA website, I was confident that choosing her and her family as my recipient was a good choice and I couldn’t wait to see the impact that was made in their life due to it. Giving a loan to someone in need has made me believe in the power of microfinance loans. I love the idea that people can receive the help they need while also learning responsibility and I think that is the difference between microfinance loans and charity. In charity you are mindlessly giving, yes it is good to give selflessly, but there is something special about doing that while also helping teach someone how to get by on their own. I find it upsetting that parts of the world are struggling so much with things that we take advantage of in America but it is definitely rewarding to be able to help people in their time of need and that ties back to what I feel like my calling is- to be a nurse. My ultimate goal in life is to help people in their time of need and I feel like another way of doing that besides being a nurse would be to continue funding opportunities of those less fortunate than I through microfinance loans. I
Consider the compact of co-responsibility between the government and recipients. What is needed to make the compact work? Progresa had the goal of increasing the basic capabilities of extremely poor people in rural Mexico (Levine, 2007, p.67). Progresa is a program developed by the government of Mexico in 1997, and was implemented by President Ernesto Zedillo. With the help of Santiago Levy who was an economist, Progresa was developed to help break the cycle of poverty in Mexico. In order for the compact to work between the government and the recipients, a change had to take place from the governments’ standpoint. The government came to the realization of what the recipients needed and to provide that for them. Since the government was
Length of the Cash Conversion Cycle = (Inventory-to-Sale Conversion Period) + (Sales-to-cash Conversion Period) – (Purchase-to-Payment Conversion Period)
I have always taken great pride in my ability to bring myself out of poverty and to become a well-rounded person. I have suffered through many obstacles along the way, and with great determination, I have been able to overcome them. I know that I have been fortunate and I never take that for granted. Friends and family are a great support system and I am blessed to have the best of both. I work very hard to instill strong beliefs into my children and their friends. It is very important to me that I give back to the community. Understanding social culture and economic provides and even greater sense of wanting to help those that need it. I volunteer through my work with Habitat for Humanity and the Houston Food Bank. My daughter also volunteers
I have always maintained a keen interested in human biology science, anatomy and physiology, psychology and health as a kid, and would like study nursing because it would lead me to one of the most emotionally fulfilling careers available. As an individual and person I have always enjoyed caring, helping people nursing will give me a chance of combine helping people's mental wellbeing with their physical health. I see this as an opportunity to study something that involves both academic and practical study which I believe will suit me best. Nursing is a challenging and demanding career, but I feel the rewards would be great therefore I am ready to embark on this career. I am hopeful and eager to pursue a career in which I am able to help and care for
I have known since I was little that I loved to help and interact with people. I’ve grown up surrounded by nurses (my mother and two of my aunts). Because of that, I have always wanted to become a nurse. The care and concern they have for people grew to be my dream. I want to be able to impact lives every day for the better.
Over the past few years I have discovered how truly heartwarming it is to help those around you. One of my favorite quotes of all time pertains to that. "The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.” As people it should always be our goal to make a difference in the world around us. Every single person has something that they can contribute to society but their circumstances may prevent them from reaching their full potential. When given an opportunity to help someone no matter how big or small the task is a person should always give their all. That task may mean more to them than you even realize.
I am writing this letter in order to thank you for the generous scholarship that has been made available to me by your generous donation. I was ecstatic when I learned that I would be awarded such a helpful scholarship. This scholarship has not only reduced the financial burden of a college education, but has also granted me access to many very useful resources.
Being able to drive by this community every week I get this feeling all over again. As a volunteer I was able to both give this family as well as the community that this created a “hand up not a hand out”. I myself received a “hand up”, becoming a leader and mentor and a skilled worker who will continue volunteering with Habitat for Humanity, as part of my own community,
Throughout my highschool career I have participated in many community services, but by far the most rewarding and memorable are the ones that I get to give food and nutrition to those living in poverty. I love to give the help to others that I would have cherished when I was younger. I know what a significant issue poverty is in our town, and I’m glad I could help make a difference, no matter how
I’ve always had a passion for helping others and making them feel comfortable and safe. My caring and empathetic nature led me to a job in healthcare. I want to do a job that is practical, hands-on and meaningful. To be part of a team in which the goal is to support and comfort people would be gratifying and honouring. I dream to be a source of support for patients throughout their time of need, delivering information and giving advice.
The smallest acts of kindness can have the largest effects, and I have made a lifetime of unforgettable memories donating my time and services to those in need. From volunteering at an organic produce farm to volunteering at an equine therapy program for children with disabilities, from fostering rescue animals to traveling abroad to treat the ill and injured, I have witnessed firsthand the value of investing in both the individual and the community.
I remembered arriving at her house for the first time only five days ago. Deb couldn’t believe we had showed up, she was more than grateful. Throughout the week she told us so many stories of things she had experienced over her lifetime. While telling us these vibrant stories, she never realized all the different life lessons she had taught us. Deborah taught me and my group members to be loving, caring, and thankful and that if we were those things God would bless us in many
The Personal Finance course is one of the most practical courses that I took in my undergraduate coursework. It reminds me how I can be a good steward and how I am responsible to manage, protect and grow God’s resources that were given to me. Knowing that God owns everything and that we are accountable for how we are using His resources motivate us to develop a robust biblical finance plan that integrates spending, risk management, and investment to reach our desired life goals. My financial plan will include three main sections, money management section, risk management section, and investing section.
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The people that these loans are intended for are usually very poor and they only have enough capital for minimalistic survival, and therefore they do not have the credit in order to get loans from banks which pretty much leads to a trap. This trap of poverty and being “unbankable” is a major topic that microfinance focuses. Jeffrey D. Sachs, referencing his ideas, would agree that this is the curse of people stuck in poverty and they can not find the means to escape this “Poverty Trap”. Microfinance is a way of attempting to make the poor able to be able to produce capital at a steady rate from the usage of loans. I believe that this idea of poverty relief in forms of small loans in order to help those in need was first initially constructed in order to change the world for the better and sprout development. At the same time this idea could be implemented in a way that is a purely capitalistic point of view, and therefore the idea of ending poverty could no longer be the number one goal. A microfinance bank that thinks like this might only want the business that is generated from the poor, and they might not care about the conditions they live in or what the loan goes to as long as they get a loan repayment. “Pioneered in Bangladesh, by the mid-1990s microfinance had become a