tag:blogger.com,1999:blog-3614581.post115393480828134215..comments2024-03-28T03:11:22.839-07:00Comments on PHILANTHROPY 2173: Dealing with the real problemsLucy Bernholzhttp://www.blogger.com/profile/09253941214286179394noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3614581.post-1154126849862140132006-07-28T15:47:00.000-07:002006-07-28T15:47:00.000-07:00Hi, Lucy. Good to see you're posting again. Loca...Hi, Lucy. Good to see you're posting again. Locally-focused foundations address these issues on many fronts. They support financial literacy training for low-income people. These trainings teach people to budget, use banks, build their savings, avoid check cashing services, etc. These foundations also support small business and other kinds of development in low-income neighborhoods so that poor people don't have to travel far to find a good grocery store and other essential services. And of course they support advocacy organizations that fight to preserve the safety net for the poorest citizens, establish living wage laws, etc.<BR/><BR/>How would a "system of loans" help people get out of debt? Sounds paradoxical.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3614581.post-1153941944508341342006-07-26T12:25:00.000-07:002006-07-26T12:25:00.000-07:00There's money to be made from the bottom of the py...There's money to be made from the <A HREF="http://www.nextbillion.net/" REL="nofollow">bottom of the pyramid</A>, across the world. The solutions may be found in the intersection of entrepreneurial business ideas and philanthropic capital. U.S philanthropy would be wise to make an effort to address our own poverty through avenues that would be self-sustaining.Anonymousnoreply@blogger.com