Monday, October 13, 2008
Reason #6
Reason #6 is the Perpetual Education Fund. This is much like the Humanitarian Aide Fund as it is not only a Fund that members (or non-members) can contribute to, but it is also a program. In this program loans are given to those who want to obtain a college education. These loans are not a "hand out", but are expected to be paid back so that others can obtain loans for the same reason, thus the Perpetual Education Fund just continues giving and recieving funds for the purpose of higher education for those in (mostly) poor countries who would otherwise have no opportunity to obtain such. These loans are also at very low interest allowing those who recieve from these funds, the greatest opportunity of success in both recieving their education and in paying back the loan and at the same time providing additional funds to keep this fund going. The idea is to educate and lift the burden of poverty which will create better individuals, better families, better communities, and better nations. It will provide a greater income for families as well as dispell ignorance.
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