Thursday, December 25, 2008


The development interventions should always look at the short and long term impacts. A micro-finance institute should look beyond the payment of loans and mere economic development of its stakeholders. The source of income is most often from the immediate environment directly or indirectly. The access to resources by one stakeholder might impact access of the same by another. The resources might get damaged sometimes beyond sustainability in the process of maximizing income. The development should be always non-exploitative and sustainable. One should analyze and relate the income and source, while formulating the programs. Yes, this principle being looked at a micro-scale is also relevant to any other action / activities at Meso- or Macro- Levels. Income term does not exist in nature, it is only a creation by human beings, leading to non-sustainable development.

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