News Stories / In the News
image

Lionel Sosa's letter to the editor on Microlending

star-full star-full star-full star-full star-empty

Mr. Sosa submitted the following response to Business Week after their article entitled "The Ugly Side of Microlending", found here:

http://www.businessweek.com/magazine/content/07_52/b4064038915009.htm?chan=search

Mr. Sosa says:

Done correctly, microloans do help people achieve their dreams. They are an important part of the solution to the immigration problem between the U.S. and Mexico. Experts agree that to halt the influx of undocumented workers, more jobs need to be created in Mexico.

A large percentage of Mexicans are self-employed in the informal economy and do not have access to traditional financing to make their small businesses grow.

Lionel Sosa
Executive Director
Mexicans & Americans
Thinking Together
SAN ANTONIO

Posted on  Friday, January 4, 2008By StudentVoices
Share



Source: http://www.businessweek.com/magazine/content/08_02/c4066feedback492735.htm?chan=magazine+channel_opinion
+ Add Comment Comments

» Quicklinks

» More About  In the News

» Browse News Stories by Topic

» New on Student Voices

» Poll

How do you keep informed on the issues?

Campus Newspaper
Other websites
TV
Online News sites
Local/National Print Newspaper
 

» Resource Center