Exact(5)
Initially the work of nonprofit groups, the tiny loans to the poor known as microcredit once seemed a promising path out of poverty for millions.
And while many of the new jobs are at the low end of the pay scale, a tax break for the working poor, known as the Earned Income Tax Credit, has enabled them to keep more of what they make.
A study last year by the Consultative Group to Assist the Poor, known as CGAP, a microfinance industry group based at the World Bank, estimated that 23.6percentt of Compartamos's interest income went to profits.
Standards of training and monitoring health professionals are woeful.A public health-insurance scheme for the poor, known as Jamkesmas, now covers about 76m people, nearly one-third of the population.
Enrollment in the state's healthcare program for the poor, known as Medi-Cal, has exploded by 50% since President Obama's signature law took effect.
Similar(53)
But even the poor know a bad deal when they see one.
MondoBongo adds: Anyone who has ever been poor knows that the very fact of being poor is such hard work.
City planners often have no or poor know how about energy efficiency and building technologies which makes it difficult for them to answer to this need without new guidelines and tools.
Eugenio Montale wrote that "even the poor know that richness, the fragrance of the lemon trees".
That said, in absolute terms, the American poor know more want and insecurity than poor people in other advanced democracies.
Her eyes were large and patient, and in them dwelt such a shadow of distress as only those who have looked sympathetically into the countenances of the distraught and helpless poor know anything about.
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Justyna Jupowicz-Kozak
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