Friday, June 5, 2009

The President and Microfinance

Social Earth points out that the President's speech also included a section on the importance of human capital and how wasteful it is that some of us do not give women a choice over whether they would like to become educated. Along the way he mentioned his support for microfinance:
Our daughters can contribute just as much to society as our sons, and our common prosperity will be advanced by allowing all humanity - men and women - to reach their full potential. I do not believe that women must make the same choices as men in order to be equal, and I respect those women who choose to live their lives in traditional roles. But it should be their choice. That is why the United States will partner with any Muslim-majority country to support expanded literacy for girls, and to help young women pursue employment through micro-financing that helps people live their dreams.

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