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Sydney South NSW 1235, Level 11, 227 Elizabeth Street Sydney NSW 2000

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News Blog

World news on the fight to alleviate poverty – follow innovations in microfinance, technology and community development that are changing lives in developing countries.

New Study Shows the Dynamic Effects of Your Support

by Benjamin Freeman

“The biggest challenge I faced was not earning enough money to cover the cost of renting a room and my children’s education fees,” Marini says. Marini’s a mother-of-three from Indonesia. Like many mothers living in poverty, her biggest desire was to see her children get a full education. But because she couldn’t earn enough to cover costs such as food, clean water and rent, this was nearly impossible. A new study by the World Bank has assessed the impact of small loans on families living…

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