Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by panhead

I was waiting for that.....did the conversion this morning but didn't say anything, figured Piper was happy enough as it was

Just for that PAN....I am going to dig up a couple more trivia coincidences just for you....!!!!

Anyone know anything about this?


The Iraq National Microfinance Summit organized by the U.S. Agency for International Development (USAID)-funded IZDIHAR project Nov. 14 to 15 in Erbil attracted more than 100 participants to a discussion of the role of microfinance in economic development and job creation in Iraq.

The audience included Iraqi and international microfinance practitioners, private sector partners, government officials, international financial institutions and USAID representatives.

"The Summit for the first time brings together all the stakeholders to take stock of the industry as it exists today," IZDIHAR Chief of Party Baljit Vohra said at the Summit. "Microfinance, as defined in Iraq, creates employment and self-employment opportunities. We look forward to the deliberations of this summit helping to outline a strategy for this sector that will lay the foundation for a thriving microfinance industry in Iraq."
"Given the unique environment in which microfinance institutions operate in Iraq, there are no real precedents to draw on for guidance. This Summit assisted donors in formulating practical programs with realistic expectations for microfinance in Iraq," USAID's Greg Howell said.

What is microfinance? I already joked (yesterday) that it might have something to do with "the smaller denoms" but I really have no idea...Where are our crack money people? Thanks in advance!

Originally Posted by shotgunsusie

piper!! theres that number again!!!

Hey SGS are you ready slide that December date back to November just in case.....Come on girl live a little!!!!!

Originally Posted by CharmedPiper

Hey SGS are you ready slide that December date back to November just in case.....Come on girl live a little!!!!!

LOOK WHO I AM TELLING LIVE A LITTLE...THE QUEEN OF THE DINAR PARTY!!!!!

Originally Posted by Big Beaut

Anyone know anything about this?


The Iraq National Microfinance Summit organized by the U.S. Agency for International Development (USAID)-funded IZDIHAR project Nov. 14 to 15 in Erbil attracted more than 100 participants to a discussion of the role of microfinance in economic development and job creation in Iraq.

The audience included Iraqi and international microfinance practitioners, private sector partners, government officials, international financial institutions and USAID representatives.

"The Summit for the first time brings together all the stakeholders to take stock of the industry as it exists today," IZDIHAR Chief of Party Baljit Vohra said at the Summit. "Microfinance, as defined in Iraq, creates employment and self-employment opportunities. We look forward to the deliberations of this summit helping to outline a strategy for this sector that will lay the foundation for a thriving microfinance industry in Iraq."
"Given the unique environment in which microfinance institutions operate in Iraq, there are no real precedents to draw on for guidance. This Summit assisted donors in formulating practical programs with realistic expectations for microfinance in Iraq," USAID's Greg Howell said.

What is microfinance? I already joked (yesterday) that it might have something to do with "the smaller denoms" but I really have no idea...Where are our crack money people? Thanks in advance!

Found this link on Microfinance
Unitus. Innovative Solutions to Global Poverty

Originally Posted by Big Beaut

Anyone know anything about this?


The Iraq National Microfinance Summit organized by the U.S. Agency for International Development (USAID)-funded IZDIHAR project Nov. 14 to 15 in Erbil attracted more than 100 participants to a discussion of the role of microfinance in economic development and job creation in Iraq.

The audience included Iraqi and international microfinance practitioners, private sector partners, government officials, international financial institutions and USAID representatives.

"The Summit for the first time brings together all the stakeholders to take stock of the industry as it exists today," IZDIHAR Chief of Party Baljit Vohra said at the Summit. "Microfinance, as defined in Iraq, creates employment and self-employment opportunities. We look forward to the deliberations of this summit helping to outline a strategy for this sector that will lay the foundation for a thriving microfinance industry in Iraq."
"Given the unique environment in which microfinance institutions operate in Iraq, there are no real precedents to draw on for guidance. This Summit assisted donors in formulating practical programs with realistic expectations for microfinance in Iraq," USAID's Greg Howell said.

What is microfinance? I already joked (yesterday) that it might have something to do with "the smaller denoms" but I really have no idea...Where are our crack money people? Thanks in advance!

Yeah, I'll take a stab at it.

Microfinance is the practice of giving small LOANS or GRANTS to individuals for entrepeneurial/self employment projects. The last nobel peace prize winner did this very thing in India I think (google it). He worked at a bank and was in the position to loan out very small amounts of money--in some cases just a couple of dollars to would be entrepeneurs. the recipients use the money to start up small businesses....I've heard of some women using it to buy a cell phone, because there is no phone service in their village...she then charges a small fee to use the phone...others may go into farming ventures...the possibilities are endless, and it seems to be a way of bypassing a lot of red tape. The people need just the smallest bit of seed money to start a small business and be self sufficient...microfinancing does this.

I find this all very interesting because the charity I contribute to, Womenforwomen does this very thing. They provide microloans to women in war torn countries. They also provide a year long program of personal rights education, counseling, etc, to help these devastated women get back on their feet. The funny thing is about a week ago I got an email asking if I wanted to sponsor a woman in Iraq!!

I see this as a very good thing...help the average Mohammad get back on his feet...what's good for them is good for us!!

OSWoman

Originally Posted by CharmedPiper

Isn't 1.61 the YAZZMAN RATE!!!!!

Piper I have one word for you that my son keeps saying:

SWEET!!!!!!!!!!!!!!!

(OK he's 17 and that is kids lingo for AWESOME)

You also request a WOOT but I will give YOU a

FARM JIG ALL THE WAY TO THE BARN AND BACK!!!!!!!!!!!!!!!!


I was gone for two day so trying to read that last two days of posts but YOU ARE KICKING TAIL!!!

THANKS TO EVERYBODY FOR ALL THE RESEARCH!!

Originally Posted by AlwaysDreaming

Found this link on Microfinance
Unitus. Innovative Solutions to Global Poverty

Thanks! As soon as I saw the "poverty" it clicked! Thanks! I previously googled it but didn't find anything - I really appreciate this! Thanks!

Originally Posted by ordinaryseawoman

Yeah, I'll take a stab at it.

Microfinance is the practice of giving small LOANS or GRANTS to individuals for entrepeneurial/self employment projects. The last nobel peace prize winner did this very thing in India I think (google it). He worked at a bank and was in the position to loan out very small amounts of money--in some cases just a couple of dollars to would be entrepeneurs. the recipients use the money to start up small businesses....I've heard of some women using it to buy a cell phone, because there is no phone service in their village...she then charges a small fee to use the phone...others may go into farming ventures...the possibilities are endless, and it seems to be a way of bypassing a lot of red tape. The people need just the smallest bit of seed money to start a small business and be self sufficient...microfinancing does this.

I find this all very interesting because the charity I contribute to, Womenforwomen does this very thing. They provide microloans to women in war torn countries. They also provide a year long program of personal rights education, counseling, etc, to help these devastated women get back on their feet. The funny thing is about a week ago I got an email asking if I wanted to sponsor a woman in Iraq!!

I see this as a very good thing...help the average Mohammad get back on his feet...what's good for them is good for us!!

OSWoman

Thanks so much! What a great way to make a couple of million $ go a very long way!

ok . . .so who is the travel agent of the bunch here? . . .even tho we will all be new found millionaires, do you think we can get a good package deal for the Caymans . . .I'd like to save a buck . . .I just called Geico too . . .to get insurance quotes for my new Harley, Yamaha Rhino, and newly restored 1974 Chevy Nova Hatchback