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Credit
Union
The
question of how people can struggle out of poverty using their own
means and skills is answered partly through credit unions. These
are a kind of saving bank that allows its members to save and borrow
money. Its members might normally be refused loans
by banks and otherwise have to resort to borrowing from very high
interest private loan companies.
To
find out more about how they run you can visit the websites below.
The clips below are of an interview by Langdon Park School students
researching
how the school might get involved with the local Credit Union.
Click a link to view a clip:
What is a Credit
Union?
When will it happen at Langdon Park School?
Will it help us and how?
Who is mainly involved?
Will it be a lot of hassle?
How will it work?
Another business is the Fair Finance
at 47 Ben Jonson Road, Stepney, London E1 4SA. This gives personal
loans and micro-credit loans to businesses. Micro-credit is a major
financial way of helping the world’s poor.
Businesses that help communities and
the environment are now called ‘social enterprises’
and there are many of them around the world. To find out how Langdon
Park School Council learnt how to run their council as a social
enterprise visit, http://www.citizenship-pieces.org.uk/SocEnt/default.asp
Website for Tower Hamlets Credit
Union www.thccu.co.uk
Borough webpage explaining credit
unions http://www.towerhamlets.gov.uk
Fair Finance website: http://www.fairfinance.org.uk/
Find out about the role of micro-credit
in helping to tackle poverty around the world:
http://www.grameen-info.org/mcredit/
Watch videos and read more about
microcredit from the United Nations, including an online course:
http://www.yearofmicrocredit.org/
_________________________________________________________
Banking
on the World Goes On-line
A three year
project to get business people into schools working with enterprise
but addressing the agenda of development and poverty eradication,
as well as community empowerment, has got its webpages on-line.
The pages include case studies, interviews, downloadable material,
support, interactive resources and lots more... It is a growing
site, with more video's and case studies being added during the
summer.
Click
here to go to the Banking on the World site, especially if you are
a teacher who uses enterprise or a business person who volunteers
in schools.
For more information
visit www.citizenship-pieces.org.uk |
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