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Submitted by Tinker on
Philanthropy I have been impressed of what I have heard about the work of the Bill and Melinda Gates Foundation, run by Bill and Melinda Gates - e.g. providing vaccines to the poor and helping farmers increase yield on vegetation by testing soil samples. Encouraging great philanthropic efforts from the well-to-do and resourceful will certainly help. Microfinance Microfinance, promoted by Nobel Peace Prize winner, Muhammad Yunus, with Grameen Bank was very successful in bringing people out of poverty, especially women in coutries like Bangladesh. He wrote the well publicised book, Banker to the Poor and other books. Social Enterprise Social enterprises such as KIVA source for donations for many projects to help the poor. The book "The Fortune at the Bottom of the Pyramid" by C.K. Prahalad gave many great examples of how simple enterprises help increase income for the poor from zero on some days to something meaningful. An example is an initiave to provide fishermen with access to mobile phones that helped them work out where to fish each day depending on the weather. Education Education is a way out of the poverty trap. The nature of education can be revolutionised today. Even in the developed work, ideas like home schooling have become a reality. With the internet and social networks, the reach of education is increased manifold. Equiping poor regions with computers and developing online programs may help accelerate the rate of education in these far out poor regions. Other Apart from this, we sometimes hear about inefficiencies in the system, corruption, difficulties in reaching poor regions because of poor infrastructure, etc. Progress must be made to root out inefficiencies and corruption where these exist.

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