Lending a Helping Hand Essay - 1304 Words

Lending a Helping Hand There have always been organizations that provide help for the needy. Now the economy is going through a downward spiral giving these institutions a greater importance in helping the lives of those who need it. Miami County residents have seen firsthand that some people who live in this area really need the help. The statistical evidence shows that Miami County, Indiana is being affected by the economy. The average salary of a resident in Peru, Indiana ends up being $28,487. (Indiana) That number may not seem profound, but when you have a family to support, the budget gets tight. The normal wage annually for a resident in the state of Indiana is $45,434. (Indiana) That makes it roughly 38% more money than what Miami†¦show more content†¦Yet, hunger only makes up for a small part of the complications that poverty brings. Without enough money, how does someone suppose to afford to live in a house? Though most Miami County residents do not see homeless people, does not hide the fact we have people living without a home. Peru is not a big city like New York, or Los Angeles, but no matter where you are at in America, there will always be those who cannot afford to rent or own any type of housing. Even if everyone could afford some type of housing to live in, it does not mean they can afford all the necessary utilities. Air conditioning is not a necessity, but someone might not have enough money to provide a fan. The cost for utilities such as electricity for a fan to keep the cool in the summer heat, or simply having running water might be a problem for someone with little to no income. With winter approaching even some people will have to go without heat in the Miami County area. Helping Hands is a Non-Government and Non-Profit organization in Miami County. Hershel Manhart was a volunteer at St. Vincent DePaul in Peru when he began to do research to determine if there was a need for a food pantry. He started his research in 2000 and within two years determined there was definitely a need for one. Helping Hands was founded in 2002 by Hershel. (Manhart) It is run by volunteers from the area and provides many solutions to the dilemmas of poverty. Some of the services they provide are feeding theShow MoreRelatedLending a Helping Hand Essay902 Words   |  4 PagesWhile riding down the street do you ever see homeless people? Do you stop and stare or act as if they don’t exist? If you’re the type of person who acts as if they were not there; well the fact is that they do and there are many homeless people worldwide. Often a homeless person is suffering from starvation or they are mentally ill. Some of these homeless people do not have the choice of being homeless or if not it may be the governments fault. That’s because they constantly raise the prices of thingsRead MoreRole And Functions Of International Lending Institutions842 Words   |  4 Pagesinternational lending organizations such as World Bank and the IMF. On the other hand, this research paper will also represent specific and innovative substantive ways in which a healthy population strengthens the economy of the country. Finally, this research paper will also discuss the degree to which the leadership of your chosen country has used foreign aid to improve its health care system. Moreover, in the context of this research paper, USA is selected. Role of International Lending InstitutionsRead MoreThe Crisis Of The United States1305 Words   |  6 Pages(Schwarcz, 1114) Bank’s debt structures and amount of loans reported on balance sheets post crisis had changed due to short-term creditors and borrowers. Banks with more deposit inflows reduced their lending amounts on short-term debt. The failure of Lehman Brothers caused banks to reduce their lending because they were greatly affected by the credit line cuts that came with the failure. Another finding on balance sheets was that there was an increase in commercial and industrial loans. However, thatRead MoreGender Norms Stipulate Different Traits And Forms Of Helping Behavior Essay1567 Words   |  7 PagesSabrina Gornisiewicz Dr. Samuel Sommers Psy 13 2nd November 2016 Gender and Helping Behavior Introduction Gender norms stipulate different traits and forms of helping behavior. The male sex is more likely to participate in helping behavior that entitles an act of chivalry and heroism, whereas, the female sex indulges in a more nurturing, long- term commitment of helping behavior (as cited in Aronson, Wilson, Akert, Sommers, 2015). In a social context, men are more likely to attribute to assistingRead MoreAnalysis Of The Speech Of Muhummad Yunas ( A Microfinancier )1242 Words   |  5 Pageswhere they earn a rate of return and get back their principal amount. KIVA’s small-scale informal business model makes it easier manage and helps to foster a more personal relationship for lenders to feel a greater connection to the person they are helping, with a direct person to person impact encouraging more lenders and a greater success rate. A major advantage to being a non-for-profit are the significant cost savings enjoyed through the use of volunteers as opposed to paid labor, which allows KIVARead MoreWeb Based Assignment : Micro Financing1369 Words   |  6 PagesKiva.org, which has been lending money to people since 2005 and has witnessed great success in doing so. The website has made the process of lending money to individual extremely simple and it is something that any individual can partake in. For example, If I wanted to lend some money to any of the numerous entrepreneurs on the website than I would first begin by choosing the lend category. After this, the website will list some of the most popular buyers on the right hand s ide and as of now, EmperatrizRead MoreSmall Business Credit1589 Words   |  7 Pagesthe period of our regime. In 2007, when we took over sovereign debt crisis were knocking at our doorsteps. We needed to introduce new banking reforms to kick back that double dip financial recession and to retrieve our economy. We have changed our lending pattern to save taxpayers money to boost our economy. Key reforms are as follows 2) Provision of small business credit. a) Department of business innovation skills We realize that SME’s are crucial for UK economy, In first quarter of 2013 thereRead MoreEvaluation Of A Technical Assistance886 Words   |  4 Pagesresults of these audits are given to the government, and also released to the public. I can’t imagine that it’s comfortable for the dependant country to have its fiscal dirty laundry aired, especially when it comes in the form of the opinion of its lending authority. Technical Assistance is deployed to help the governing body enact the changes required in order to receive a loan. This technical assistance seems to be a sort of project management team that aides the responsible departments to implementRead MoreTypes Of Business Loans : An Article On A Business And The Best Type Of Loan1289 Words   |  6 Pagesbusiness and the best type of loan for its situation. Different types of business financing are offered by different lenders and structured to meet different financing needs. Understanding the main types of business loans will go a long way toward helping you decide the best place you should start your search for financing. Banks vs. Asset-Based Lenders A bank is usually the first place business owners go when they need to borrow money. After all, that s mainly what banks do - loan money and provideRead MoreThe Case Of China s Credit Policy1552 Words   |  7 PagesChinese monetary regime despite the fact that there is a negative correlation between the growth of foreign exchange reserves and money supply. ‘Compensation Theory’ proposed by Lavoie and Wang can chip in as a better substitution for the problem at hand. According to this view, a central bank is able to offset a rise in the money supply by different operations on its balance sheet other than inverted open market operations. Thus a direct consequence of this can be inability to increase money supply