Brazil is on the rise! This article is another example of how small loans (e.g. through Kiva.org, discussed in an earlier post) can make a huge difference in people's lives by affording them the opportunity to take care of themselves and their families through working and earning a paycheck.
"FORTALEZA, Brazil: Desperate to escape her hand-to-mouth existence in one of Brazil's poorest regions, Maria Benedita Sousa used a small loan five years ago to buy two sewing machines and start her own business making women's underwear.
Today Sousa, a mother of three who started out working in a jeans factory making minimum wage, employs 25 people in a modest two-room factory that produces 55,000 pairs of cotton underpants a month. She bought and renovated a house for her family and is now thinking of buying a second car. Her daughter, who is studying to be a pharmacist, could be the first family member ever to finish college."
"...Instead, he (President Luiz InĂ¡cio Lula da Silva) has fueled Brazil's growth through a deft combination of respect for financial markets and targeted social programs, which are lifting millions out of poverty, said David Fleischer, a political analyst and emeritus professor at the University of Brasilia. Sousa is one such beneficiary..."
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