CCWA is pleased to host John Zogby on September 29th (find out more here).

The American Century is over, Zogby declares, and the Whole Earth Century has begun. Do you think the American Century is over?

posted on behalf of Bill Abrams, President of Trickle Up

Building savings is one of the most viable financial strategies for the very poorest, who live on less than $1 per person per day. With a safe place to save, the women and men whom Trickle Up serves can create a hedge against crop failure, address health concerns before they worsen and assert more control over their finances. Savings and the formation of savings groups are a critical first step out of poverty that helps the very poor access credit, ultimately helping the poor build sustainable livelihoods.

What do you think are the potential advantages/disadvantages of this type of credit?