Here is an interesting video on the effectiveness of microcredit to give the needy of this world a "hand up" . Though the amounts advanced may not seem large nonetheless great success is achieved. Not only do individuals benefit but their families and entire communities do as well.

I have seen at first hand the effectiveness of microcredit in use in many parts of the world. And it is not limited to Nicaragua – I have seen successful "grass roots"  projects in operation throughout Asia, Africa, Latin America and the Pacific. The principles are very sound, and the schemes are well monitored and well managed.

But let' s not forget that the same principles can be applied in the First World. Many people just want a " fair go" – that is, a " hand up" , not just a "hand out".

Here is the video:

To learn more about how microcredit can and is changing the world, how it is making a Real Difference Click Here.