“Group pressure makes us go to moneylenders” to cover their microfinance loans, says Baleshwari, who goes by only one name, as does her sister. “We get small loans for 15 days to fill the gaps when we can’t pay. If you lag behind, the rest of the group members can’t get new loans.”
An embarrassing truth about the work of clergy is that a lot of it looks like loafing. Who else gets paid to drink iced tea with a wise great-grandmother or toast the giddy joy of newlyweds
…the Fairtrade Kit Kat was a “step forward in giving them the justice, recognition and pay they deserve”.
He admits that some of his friends and family, however, have been worried that he is exploiting people of faith.
Varley joins Goldman Sachs International adviser Brian Griffiths and Lazard International Chairman Ken Costa as London bankers who’ve gone into London churches in recent weeks and invoked Christianity to defend a banking system that critics say has created wealth and inequality in the U.K.
The swine flu scare has religions rethinking religious practices. Entrepreneurs see a market:
The impact of the recession on churches in a variety of denominations is reported in a new Alban Institute.
In a statement to the synod, Mr Shirriff said that despite reducing bank debt from $140m to $83m last year, the diocese had stayed geared too long in growth assets, which fell in value as the global economy worsened.
Should I participate in boycotting countries that allow child labor? Economists Matthias Doepke and Fabrizio Zilibotti say think before jumping to the obvious answer:
We hear of two micro-insurance programs for people in developing countries, one by the Anglican Health Network and the other by Oxfam America.