Investing In Employees Is Investing In The CompanyInvesting In Employees Is Investing In The Company. E-book. Formato EPUB - 9791222479125

We met Ibu Emptat, the wife of a basket weaver in a village in Indonesia. A few years before meeting us (summer 2008), her husband had vision problems and lost his ability to work. Having no other choice, she had to borrow 100,000 rupiah (equivalent to 18 US dollars) from loan sharks in the village to pay for medicine, hoping her husband could work again, and 300,000 rupiah. (equivalent to 56 USD) to take care of food during her husband's recovery (she and her husband still live with three of their seven children). With interest of up to 10% per month, they can barely pay. When we met her, the debt had swelled to one million rupiah (equivalent to 187 US dollars), and loan sharks were threatening to take all the assets to foreclose on the debt. Things got worse when the young son was diagnosed with severe asthma. Her family was already mired in debt and was now unable to afford medicine for her son. The boy could no longer go to class regularly, and coughed every few minutes during our interview. The whole family is stuck in a classic poverty trap: the father is seriously ill, making the family poor, this is the reason the child has no money for medical treatment, and because his illness is so severe, the child cannot go to school. , and poverty will threaten the boy's future.
Poor health can be the cause of many other traps. For example, workers working in hazardous environments can lose many days of work; Children who are constantly sick cannot do well in school; Mothers with poor health will give birth to sick children. Each channel has the potential to turn present misfortune into future poverty.