Microfinance and Empowerment

The amount of money one needs is terrifying…
-Ludwig van Beethoven

It is true, indeed. You can’t count the possibilities you have if you have a lot of money. Can you?

But, not for the poorest in the society. An extra penny means an extra day of living at the very least.


Money is power.

That is easier to understand than to think about the amount of money someone needs. I can enumerate below some possibilities if you have money:

  1. You can eat a decent meal three times a day
  2. You can have a decent home
  3. You can have a good clothing
  4. You can go to school
  5. You can also have some comfort
  6. You get rid of worrying what to eat for the next meal time
  7. You feel secured
  8. People will look up to you
  9. People will hear to what you say
  10. People want you to become their leader
  11. People expect you to help them
  12. etc

The possibilities are endless, meaning, you have power.

The only problem is “Are you making a difference?” Or, are you letting your money works for you?


There are many ways to use your money helps empower the poor. Use it with microloans through microfinancing.

When Muhammad Yunus started his Grameen Approach, all he had in mind were:

  1. to empower the poor
  2. make them feel they are part of the society (he returns to them the sense of belongingness)
  3. prove that poor people are bankable
  4. give them the opportunity to aspire
  5. let them dream

All of these are possible by just giving them small amount of loans and by just showing to them that they have access to financial services.

Moreover– just a small reminder–, please remember that when Yunus started his microcredit activities, he was a professor and not  a businessman. Thus, he was not expecting to profit from these microloans.

Having that said, start your microfinance business with the goal of empowering the poor by giving them opportunities for self-help. Start microfinance with this goal. When poor people feel they are being taken cared, they will give back what they owed and are willing to pay whatever that costs them–that is, your profit.

If you want to let your money works for you, do it with social credit. You may join the kiva.org, invest at microplace.org or join the National Confederation of Cooperatives (Philippines).

You may want also to become a leader of some self-help group in your community. Or, organize a co-operative in your village.

Stay connected with radicalfrontiers and I will help you organize a co-operative and later on evolve this co-operative into a microfinance institution.

Just remember, your dollar empowers.

So long and good day.


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