In the U.S., the Cooperative Baptist Fellowship Foundation is launching an initiative to provide microcredit to alleviate global poverty. Don Durham, president of the CBF Foundation, gave a workshop about this at the CBF General Assembly last June. Here's what the Dallas Morning News wrote about this initiative:
Don Durham, president of the CBF Foundation, provided information on new investment opportunities that will soon be available through the CBF Foundation. The CBF Foundation board is launching a new initiative to provide small loans to the poor who have no collateral and lack access to capital. By investing in these micro enterprise loans, Fellowship Baptists, churches and partner organizations can help alleviate global poverty.Here's a link to the audio (MP3) of Phil Smith and Don Durham's presentation:
Microcredit: Empowering the Poor to End Poverty (Birmingham, June 20, 2008)
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