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V. Non-Material Benefits of Microfinancing
Microfinance initiatives offer more than just material benefits; they can also address issues associated with "non-material" poverty, which includes social and psychological effects that prevent people from realizing their potential.
I. WHAT CAN MICROFINANCE DO FOR AFRICA?
When properly harnessed, microfinance offers a variety of benefits to the African people. Foremost, microfinance initiatives can effectively address material poverty, the physical deprivation of goods, services, and the income to attain them. When properly guided, the material benefits of microfinancing can extend beyond the household into the community. At the personal level, microfinance can effectively address issues associated with “non-material poverty, which includes social and psychological effects that prevent people from realizing their potential.

Other psychological effects Related Articles

I. WHAT CAN MICROFINANCE DO FOR AFRICA?
When properly harnessed, microfinance offers a variety of benefits to the African people. Foremost, microfinance initiatives can effectively address material poverty, the physical deprivation of goods, services, and the income to attain them. When properly guided, the material benefits of microfinancing can extend beyond the household into the community. At the personal level, microfinance can effectively address issues associated with “non-material poverty, which includes social and psychological effects that prevent people from realizing their potential.
V. Non-Material Benefits of Microfinancing
Microfinance initiatives offer more than just material benefits; they can also address issues associated with "non-material" poverty, which includes social and psychological effects that prevent people from realizing their potential.
5 big myths about your time
Some people have told me privately that they would love to be more organised and in greater control of their time but they are worried about the negative side-effects. Side effects? What could possibly be wrong or negative about having more time and better personal and professional organisation?
3 Simple Questions to Lead People Through a Change Transition - by William Bridges
William Bridges focuses on the transitions and the psychological changes that lie behind significant organisational change. Bridges draws the important and frequently overlooked distinction between change and transition. Bridges sees change as situational and transition as psychological. He poses these 3 simple questions...
Managing Stress
Meditation, or stilling of the mind, significantly reduces stress and the detrimental effects on your mind and body and keep you in the present moment and free from anxiety. It is proven scientifically that even small amounts of meditation daily can cut down on the negative effects of stress. Quieting your mind will eliminate the thoughts and emotions that cause stress and increase your sense of peace.
Psychology and Leadership: What Does Your Style Say about You?
According to the Perceptual Styles Theory, there are six different psychological styles that have everything to do with who we are and the way we see the world. Traditional notions of leadership only encompass two of these- but every psychological style has a unique approach to leadership. Here, we’ll examine the first two attributes of effective leaders, across the board.
Perceptual Style, Psychology, and Leadership
According to the Perceptual Styles Theory, there are six different psychological styles that have everything to do with who we are and the way we see the world. Traditional notions of leadership only encompass two of these-but every psychological style has a unique approach to leadership. In this article, we’ll examine three attributes of effective leaders, across the board.
Strategic Planning and Effects-Based Thinking: Part 1
In strategic planning and decision making, effects-based thinking (EBT) is a vital tactic to assess the effects of specific actions, not in a narrowly defined and time-limited way, but through a perspective that is sensitive to broad-ranging and lasting impacts. In our fast-paced personal and work lives, we tend to think more about today's issues rather than tomorrow's - but effects-based thinking is the opposite of short-sightedness.
Effects-Based Thinking: Part II
In 'Effects-Based Thinking - Part I', the definition of effects-based thinking, or EBT, was established as an approach to strategic planning, which contributes to long-lasting organizational impacts. Expanding on this concept, we can view the differences between strategic planning with EBT and simply tracking progress with metrics. With EBT, we're able to construct, align and adapt our measurements to ensure success within the organization.
Effects-Based Thinking Part III
In Part I of this series, the concept that everything exists within a system from the perspective of complexity was introduced. In Part II, a three-tiered framework of effects-based thinking (EBT) and planning critical to understanding change in organizations, markets and communities was discussed. In this final installment, discover how effects are planned within complex systems and how adaptive leadership propels those effects.
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