Microphilanthropy is becoming big. We can all help others – even if we don’t have much to share ourselves. Here’s an interesting article on a young couple who is making a difference through microphilanthropy.
Let me know what you think.
Microfinance is most simply thought of as providing — and managing — small loans or financial services to poor individuals or small communities who otherwise wouldn’t ever get on a regular bank’s radar screen.
Microphilanthropy is similar — philanthropy aimed at helping meet the needs of poor individuals or small organizations that otherwise might get the attention of many large non-profit, humanitarian organizations.
There’s a crisis of confidence in microfinance right now, usually, inaccurately, personified in the recent trials and tribulations of the Nobel Peace Prize-winning economist Muhammad Yunus.