Changes in Social Lending Essay Example | Topics and Well Written Essays - 250 words

Changes in Social Lending - Essay Example dit permits very underprivileged people to insert themselves into projects that are focused on self-employment— with a view of generating some income. Yunus provides loans through his controversial bank, Grameen Bank—which makes him a pioneering single leader. Grameen Bank based in Bangladesh lends money through solitary groups. The bank’s approaches targets solitary groups as its prime building block. Further, the use of this technique has clearly had a significantly positive effect upon many prospective borrowers. Without Grameen, the financially handicapped wouldn’t have dared borrowing at all. I mean, to many of them, borrowing would figuratively be building castles in the air. Be that as it may, the determination to warranty that all members of solidarity groups are equally poor is inconsistent, and may not always improve the group performance at all. In all, microcredit is mere bunkum—in fact; it won’t succeed without the help of immense grants. In all, this is a reality that dents on the development of this approach. Conversely, this approach lacks clear lucidity. Glancing at it through perspectives, the overall effect of this development approach has not been to reduce poverty, but only to produce a debt gridlock for gullible borrowers—who are incredulously subjected to particularly supercilious rates of interests practical to conventional banks . It is no surprise at all that Yunus used the infused poverty in his country profitably to gain international attention. This approach of bottom of the pyramid has no capability of finally leading to long-term development, because many poor people will feel that they are being defrauded through the obviously feasible

Engaging parents and fathers in their children's early learning Essay

Engaging parents and fathers in their children's early learning - Essay Example For instance, the ministries and departments of education and child welfare have been in the forefront of funding projects that gather, assess, and analyze existing knowledge and best practices that would encourage other educational and learning stakeholders to work with and involve parents in young children’s learning (Desforges, 2003). This paper explores the subject of involving parents, more so fathers in children’s early learning. Many educationists concur that the importance of parental involvement in children’s early learning cannot be overemphasized. The first reason for this assertion is that parents are children’s first and most enduring educators. Thus, by working together with other child welfare and development practitioners, parents play a rather critical role in and have a positive impact on their children’s early learning and development. This positive impact of parental involvement stems from the fact that the time and activities shared among parents and children not only affect the children’s social and intellectual development but also their emotional development (Desforges, 2003). It is therefore imperative that parents understand that children’s early learning requires more than just being parents but requires them to take an active role in the children’s early learning. There are several parental factors infringing on or affecting a children’s early learning. These factors include parents’ socioeconomic status, education level and living conditions, which have direct bearing on a child’s early learning activities and outcomes. Nonetheless, more important than the above factors is the quality of a child’s home learning environment. Although parents may not have achieved a lot educationally and might be living in disadvantaged environment and circumstance, their regular engagement in their children’s early learning activities has