Microfinance is the provision of financial services to low-income clients, including consumers and the self-employed, who traditionally lack access to banking and related services. More broadly, it is a movement whose object is "a world in which as many poor and near-poor households as possible have permanent access to an appropriate range of high quality financial services, including not just credit but also savings, insurance, and fund transfers."[1] Those who promote microfinance generally believe that such access will help poor people out of poverty

Traditionally, banks have not provided financial services, such as loans, to clients with little or no cash income. Banks incur substantial costs to manage a client account, regardless of how small the sums of money involved. For example, the total profit for a bank from delivering 100 loans worth $1,000 each will not differ greatly from the revenue that results from delivering one loan of $100,000. But the fixed cost of processing loans of any size is considerable as assessment of potential borrowers, their repayment prospects and security; administration of outstanding loans, collecting from delinquent borrowers, etc., has to be done in all cases. There is a break-even point in providing loans or deposits below which banks lose money on each transaction they make. Poor people usually fall below that breakeven point. In addition, most poor people have few assets that can be secured by a bank as collateral. As documented extensively by Hernando de Soto and others, even if they happen to own land in the developing world, they may not have effective title to it.[2] This means that the bank will have little recourse against defaulting borrowers. Seen from a broader perspective, the development of a healthy national financial system has long been viewed as a catalyst for the broader goal of national economic development (see for example Alexander Gerschenkron, Paul Rosenstein-Rodan, Joseph Schumpeter, Anne Krueger ). However, the efforts of national planners and experts to develop financial services for most people have often failed in developing countries, for reasons summarized well by Adams, Graham & Von Pischke in their classic analysis 'Undermining Rural Development with Cheap Credit'.[3] Because of these difficulties, when poor people borrow they often rely on relatives or a local moneylender, whose interest rates can be very high. An analysis of 28 studies of informal moneylending rates in 14 countries in Asia, Latin America and Africa concluded that 76% of moneylender rates exceed 10% per month, including 22% that exceeded 100% per month. Moneylenders usually charge higher rates to poorer borrowers than to less poor ones.[4] While moneylenders are often demonized and accused of usury, their services are convenient and fast, and they can be very flexible when borrowers run into problems. Hopes of quickly putting them out of business have proven unrealistic, even in places where microfinance institutions are active.[citation needed] Over the past centuries practical visionaries, from the Franciscan monks who founded the community-oriented pawnshops of the 15th century, to the founders of the European credit union movement in the 19th century (such as Friedrich Wilhelm Raiffeisen) and the founders of the microcredit movement in the 1970s (such as Muhammad Yunus) have tested practices and built institutions designed to bring the kinds of opportunities and risk-management tools that financial services can provide to the doorsteps of poor people.[5] While the success of the Grameen Bank (which now serves over 7 million poor Bangladeshi women) has inspired the world, it has proved difficult to replicate this success. In nations with lower population densities, meeting the operating costs of a retail branch by serving nearby customers has proven considerably more challenging. Hans Dieter Seibel, board member of the European Microfinance Platform, is in favour of the group model. This particular model (used by many Microfinance institutions) makes financial sense, he says, because it reduces transaction costs. Microfinance programmes also need to be based on local funds. Local Roots Although much progress has been made, the problem has not been solved yet, and the overwhelming majority of people who earn less than $1 a day, especially in the rural areas, continue to have no practical access to formal sector finance. Microfinance has been growing rapidly with $25 billion currently at work in microfinance loans.[6] It is estimated that the industry needs $250 billion to get capital to all the poor people who need it.[6] The industry has been growing rapidly, and concerns have arisen that the rate of capital flowing into microfinance is a potential risk unless managed well.[7]

Poverty in Asia,caste and progress. In this FAO Poverty In Asia map, Darker is Poorer but some light areas are just 'no data' - see our Poor in a Rich World page.A majority of the worlds poorest people today are in Asia - partly because it holds a majority of the world's population. Of course some Asian countries like Japan and South Korea are not as poor as others like India and Cambodia, with Asian poverty being concentrated in South Asia.  Asian poverty1. Poverty in some Asian countries is largely due to the pressure of population growth on scarce resources and inadequate governments allowing strongly negative caste discrimination. 2. Education, medicine, clean water and sanitation are often inadequate also3. In some Asian countries land ownership being problematic also encourages poverty. 4. Asia till recently attracted less foreign investment than Latin America, but more of it has been stable longer-term European investment. Some of Asia has shown good progress on poverty in recent years, like China and South Korea. (in China noteably helped partly by controls on population growth)  But Asia, holding the largest populations, still has many extreme poor. The current world recession is also causing family remittances from overseas workers or migrant workers to fall. As more migrant workers lose jobs in Western Europe and the USA, remittances to their poor families in Central Asia are being hit hard. And the likely prospect for aid in the short term is a sharp fall.

# The new green selected food crops have been helping in reducing poverty in Asia, but the newer genetically modified food crops and their monopoly providers seem to have been unhelpful to date ? See South Asia Land Management  - SACEP pdf 1.5 mb # For one small charity trying to do some good extreme-poverty work in India today, see SEED at seedkolkata.org or for another similar good small extreme-poverty charity working in Cambodia, see the Sao Sara Foundation at ssfcambodia.org Good small charities like these often lack the money they need to do as much as they would like. # For facts about individual countries, see NationMaster

Thanks to its relative durability, pottery is a large part of the lovely archaeological record of Ancient Greece, and because there is so much of it (some 100,000 vases are recorded in the Corpus vasorum antiquorum) it has exerted a disproportionately large influence on our understanding of Greek society. Little survives, for example, of ancient Greek painting except for what is found on the earthenware in everyday use, so we must trace the development of Greek art through its vestiges on a derivative art form. Nevertheless the shards of pots discarded or buried in the first millennium BC are still the best guide we have to the customary life and mind of the ancient Greeks. The pottery also has wonderful designs, such as the key symbol. Some were beautifully handcrafted, while others were unique and their patterns could not be described.

The arts of ancient Greece have exercised an enormous influence on the culture of many countries, particularly in the areas of sculpture and architecture.

There were several interconnected traditions of painting in ancient Greece. Due to their technical differences, they underwent somewhat differentiated developments. Not all painting techniques are equally well represented in the archaeological record.

The most respected form of art, according to authors like Pliny or Pausanias, were individual, mobile paintings on wooden boards, technically described as panel paintings. The techniques used were encaustic (wax) painting and tempera. Such paintings normally depicted figural scenes, including portraits and still-lifes; we have descriptions of many compositions. They were collected and often displayed in public spaces. Pausanias describes such exhibitions at Athens and Delphi. We know the names of many famous painters, mainly of the Classical and Hellenistic periods, from literature (see expandable list to the right). Unfortunately, due to the perishable nature of the materials used and the major upheavals at the end of antiquity, not one of the famous works of Greek panel painting has survived, nor even any of the copies that doubtlessly existed, and which give us most of our knowledge of Greek sculpture. The most important surviving Greek examples are the fairly low-quality Pitsa panels from circa 530 BC, and a large group of much later Graeco-Roman archaeological survivals from the dry conditions of Egypt, the Fayum mummy portraits, together with the similar Severan Tondo. Byzantine icons are also derived from the encaustic panel painting tradition.

Rain forests experience from 40 to 400 inches (100 to 1000 cm) of rain a year and an average temperature of about 80° F (26° C), with no pronounced cold or dry spells.

A tropical rainforest is an ecosystem usually found around the equator. They are common in Asia, Australia, Africa, South America, Central America, Mexico and on many of the Pacific Islands. Within the World Wildlife Fund's biome classification,

Minimum normal annual rainfall between 1,750 millimetres (69 in) and 2,000 millimetres (79 in) occurs in this climate region. Mean monthly temperatures exceed 18 °C (64 °F) during all months of the year.[1]

The undergrowth in a rainforest is restricted in many areas by the lack of sunlight at ground level.[4] This makes it possible for people and other animals to walk through the forest. If the leaf canopy is destroyed or thinned for any reason, the ground beneath is soon colonized by a dense tangled growth of vines, shrubs and small trees called a jungle.[5]

Although they cover less than 2 percent of Earth's surface, they house an estimated 50 percent of all life on the planet. The immense numbers of creatures that inhabit the tropical rainforests are so great—an estimated 5-50 million species—

The creation of national parks has undoubtedly helped to protect rainforests. Yet, as national parks are open to the public, tourism is damaging some of these areas. Often, national parks are advertised to tourists before adequate management plans have been developed and implemented. Inadequate funding is allocated for preservation of forests by government departments. Governments see tourism as an easy way to make money, and therefore tourism is encouraged whilst strict management strategies are given far less government support. Ecotourism, or environmentally friendly tourism, should educate the tourists to be environmentally aware. It should also be of low impact to its environment. Unfortunately, many companies and resorts who advertise themselves as eco-tourist establishments are in fact exploiting the environment for profit. In Cape Tribulation, Australia, for example, the rainforest is being threatened by excessive tourism. Clearing for roads and pollution of waterways are two of the major problems in this area. The Wet Tropics Management Authority which oversees the surrounding World Heritage Area is promoting tourism to the area before any management plans have been formulated, before any effective waste management strategy has been devised and before any ecofriendly power alternatives have been fully explored.

More than half of the world's estimated 10 million species of plants, animals and insects live in the tropical rainforests. One-fifth of the world's fresh water is in the Amazon Basin.

It is estimated that a single hectare (2.47 acres) of Amazon rainforest contains about 900 tons of living plants, including more than 750 types of trees and 1500 other plants.

Destruction of our rainforests is not only causing the extinction of plant and animal species, it is also wiping out indigenous peoples who live in the rainforest.