quinta-feira, 31 de janeiro de 2008

Microcredit - A major example

Financial support in the set up of a water pump factory is a hopeful example that causes a great impact in the developing countries.
In water shortage zones (in poor countries, unfortunately, this has been a growing problem) water pumps gain an important role allowing the exploitation of subterranean water. New designs and concepts make possible the construction of some devices that can be named as appropriated technology, since they bring together some characteristics that make them applicable in countries with few resources. They are mechanisms of high durability, easy use, and have low production and maintenance costs and are easy to reproduce. So, people can make the pumps themselves, creating a positive impact in the local economy.
With a low loan, a craftsman can set up a little manufacture (possibly employing other people) where he will produce and repair the water pumps which will be used by the surrounding population, assuring his own income source and thus improving the daily life of the communities as well.

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