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View Diary: Microcredit: be a Venture Capitalist. (185 comments)

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  •  yes yes yes yes!!!!!!!!!!!!!! (4.00)
    This is exactly the type of thing progressives should be doing.  You can change the world even if you're not running the government. I'm not saying to not try and do that, just saying that this is real change that can happen anywhere in the world.
    •  I like your enthusiasm (4.00)
      People who first hear about the micro-finance movement and the Community Development Credit Union movement often have these reactions. But it is just as important to keep fighting the fight with established financial institutions through the Community Reinvestment Act and similar laws and regulations that allow the community to apply pressure.

      For all their benefits, credit unions account for less than 10% of all deposits in financial institutions in the US and micro-credit and community development credit unions are just a drop in the bucket of that total.

      Change your personal financial behavior - but keep fighting the corporate and political behavior of the big financial institutions.

      "The more they spoke of honor, the more I checked my wallet."

      by bankbane on Thu Oct 27, 2005 at 07:01:33 AM PDT

      [ Parent ]

    •  Is Earvolution your site? (none)
      I've been reading it for a while. Nice stuff.

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