I saw this on Oprah yesterday. Is she finally returning to her giving ways instead of flaunting her wealth? Maybe I'll start watching her show again.
2007-09-05 04:58:01 · 3 answers · asked by socmum16 ♪ 5 in Politics & Government ➔ Civic Participation
Theresa: Ah, yes, sorry about that. I did know it was a loan. But, you can also donate to help their operating costs.
2007-09-05 05:39:24 · update #1
Yes I have and by the way, it isn't a donation, it's a loan. The micro-borrower pays you back and then you can loan the money out again if you like.
Awesome concept.
2007-09-05 05:34:46 · answer #1 · answered by Theresa 6 · 1⤊ 0⤋
It's a system of micro-loans, first developed by a South Asian gentleman, Muhammed Yunus, some years ago.He was co-recipient of the Nobel Peace Prize in 2006 for his efforts in this field. The same system was used recently by a U.S. civil affairs group in Baghdad to renovate Abu Nuwas Street, a very famous street in that city which had fallen into disrepair beginning in the late 1990s.
2007-09-05 13:42:22 · answer #2 · answered by desertviking_00 7 · 1⤊ 0⤋
What kind of idiotic crap is this. Ol' Oprah is again shunning the US and the people that put her on top and you are promoting this idiocy? You were right the first time, stop watching her, stop buying anything she promotes and ignore the hag.
2007-09-05 12:24:55 · answer #3 · answered by Anonymous · 1⤊ 3⤋