We saw this in high school Economics class. I thought it would be a drag, but it's my 2nd favorite class! This video in particularly struck me as a brilliant example of the success of the Free Market. This is how capitalism is supposed to work!
Islam does not discourage women from having money or being financially independant. That is part of Bangladeshi CULTURE not Islam. I was suprised Mr. Yunus was not aware of these (being that he is an "educated" Muslim). However it is a good program.
Thats the main problem with imperialistic foreign policy. Diplomatic bags full of cash go out for roads, for guns, and for bribes. Not one penny goes to poor development. Here is the answer to Jihadist terrorism, as long as they don't attack the women.
"the system IS DESIGNED to WORK" is a great quote from the video and expresses the affirmation of this line of thinking. People communicating and "working with eachother" and the 16 lessons they discover is the key I learned from reading about this stuff. It's designed so that almost everyone (99%) can pay back the loan and not be alone in the bondage of a lifelong lonely loan where the profit is stripped far away from the poverty it should be trying to cure.
It still boils down to hard work, morals, ethics, family structure and discipline...for such a high payback rate and apparent success rate for this program.
There is a very good TedTalk on poverty and mostly it is poorly understood as a concept. Daily incomes are not proof of poverty but it is clear that education is the best prophylactic. MIT university are probably doing the most to empower individuals.
A lot of women in the west are pawns of the dual system of exploitation: patriarchy and capitalism. women are advertised, battered by their husbands, left to the misery of drugs and left to fend for themselves. Grameen is a concept grown out of the most impoverished world but can be adapted to treat the ills of the modern world. Grameen helps bring back the dignity, honour and respect for each other through communal strength not individual materialism.
amazing how we tolerate such an imbalance and unwise use of world resources. Seems to me if we were truly a great civilization all people could live a healthy happy life not just an elite while hard working people suffer poverty
Gramen bank gave them a new hope and therefore a better life.Microloans might mean nothing to some of us,but is mean a lot to them.I hope they can get a better quality of life.
This concept is very smart and innovative, very positive and it contributes to hope and to the insurance of the human right to have sth on one's own and is yet so simple and concrete! Amazing!
awesome
madhmads 1 year ago
Watch the World according to Monsanto and see how capitalism has bought the seeds people need for agriculture in India.
Wow a great system.
MilanTbay 2 years ago
We saw this in high school Economics class. I thought it would be a drag, but it's my 2nd favorite class! This video in particularly struck me as a brilliant example of the success of the Free Market. This is how capitalism is supposed to work!
JETZcorp 2 years ago
Islam does not discourage women from having money or being financially independant. That is part of Bangladeshi CULTURE not Islam. I was suprised Mr. Yunus was not aware of these (being that he is an "educated" Muslim). However it is a good program.
newtype64 2 years ago
did u went to bangladesh my country theirs lot of poor peaples thank you for going their im from chittagong and im in USA now.
jahrabatul 2 years ago
Hey guys, calling in to share love and support as always...hope that new release is coming on well...
keep up your fantastic work
Love respect and together we are already the change we need
LR
loveresurrection 2 years ago
"aww man great video 5/5 stars keep up the good work great VIDEO!Watch some of my vids to you wil laugh i gaurantee!"
TheVideoMixers 2 years ago
thanks for posting thils
wilroettgen 3 years ago
have you ever traveled to China , it is a more beautiful and amazing country with many interest place....
rainning007 3 years ago
Thats the main problem with imperialistic foreign policy. Diplomatic bags full of cash go out for roads, for guns, and for bribes. Not one penny goes to poor development. Here is the answer to Jihadist terrorism, as long as they don't attack the women.
oldParasiteSingle 3 years ago
puts a few things in perspective nes c pass America Europe
333ree 3 years ago
i love india
RemiixAngelina 3 years ago
* * * * * X 10 ^6!
ritacos 3 years ago
keep it up!!
paz y amor
vanazmusica 3 years ago
great work...good luck
robinmitra1 3 years ago
The system is designed to work! Greed makes things complicated.
raberidoom 3 years ago
What a valuable operation! Wonderful!
mommyopal 3 years ago
"the system IS DESIGNED to WORK" is a great quote from the video and expresses the affirmation of this line of thinking. People communicating and "working with eachother" and the 16 lessons they discover is the key I learned from reading about this stuff. It's designed so that almost everyone (99%) can pay back the loan and not be alone in the bondage of a lifelong lonely loan where the profit is stripped far away from the poverty it should be trying to cure.
supune 3 years ago
i luv bangladesh, bangladesh is my life
shahida1991 3 years ago
5☆5☆5☆5☆5☆tars from: smi-ren-ger
smirenger 4 years ago
Very good,thanks
goretty2006 4 years ago
99% manages to pay back their loans, that's amazing. It's wonderful to see that this system works so well.
whatmatt3rs 4 years ago 3
It still boils down to hard work, morals, ethics, family structure and discipline...for such a high payback rate and apparent success rate for this program.
gigisup 4 years ago
There is a very good TedTalk on poverty and mostly it is poorly understood as a concept. Daily incomes are not proof of poverty but it is clear that education is the best prophylactic. MIT university are probably doing the most to empower individuals.
watzupdawg 4 years ago
this is very good.
how can it be applied in Africa?
NativeOfAfrica 4 years ago
Thanks, its god to listen some good news.
21woman 4 years ago
good job..
monnix 4 years ago
beautiful work!
Thanks for this posting.
meninadilua 4 years ago
Thanks Green Children.
imnotgivingmynametou 4 years ago
A lot of women in the west are pawns of the dual system of exploitation: patriarchy and capitalism. women are advertised, battered by their husbands, left to the misery of drugs and left to fend for themselves. Grameen is a concept grown out of the most impoverished world but can be adapted to treat the ills of the modern world. Grameen helps bring back the dignity, honour and respect for each other through communal strength not individual materialism.
aburashdan 4 years ago
amazing how we tolerate such an imbalance and unwise use of world resources. Seems to me if we were truly a great civilization all people could live a healthy happy life not just an elite while hard working people suffer poverty
greatlakeskayaker 4 years ago
Blessings to everybody involved in this project. Universal Love
semrete 4 years ago
Really excellent and interesting !
Merry Christmas while we're at it ^.^
hpworldfangirl 4 years ago
Very good.
Derenti 4 years ago
Great work .
MyTubeNYC 4 years ago
Excellent video. Very thought provoking.
gaiatechnician 4 years ago
Absolutely honest view of what needs to be done to bring stability before it comes knocking with anger.
Enjoy each others company during the Holiday and never forget what needs to be done for a better tomorrow.
I saw some of this on Oprah and it was the best information I got about Microlending that I understood.
Thank you Green Children for posting this. This is totally useful.
mytheropy 4 years ago
I'm so glad there's people like Grameen and the Green Children. Microloans is sucha wonderful idea. This video really helped me understand a lot.
Happy Holidays!
Jemxx 4 years ago
Interesting,very good,I think that the people have a hope, and I hope that they have a best life.Thanks for this video n_n.
Happy holidays!!!
RogueAikawa 4 years ago
Grameen Bank really helped those peoplE in BangladesH a loT!!
MORE POWER!!!
loreligwaps 4 years ago
Nice video
Happy holidays =)
justdahgirl90 4 years ago
Very interesting, have a happy x-mas day :-)
NoraLu 4 years ago
very good and intersting . merry christmas
miriamdiaz00001 4 years ago
this is good to watch
derrenfan 4 years ago
Gramen bank gave them a new hope and therefore a better life.Microloans might mean nothing to some of us,but is mean a lot to them.I hope they can get a better quality of life.
sushigurl 4 years ago
That is fantastic.
COLDPLAYBEAR 4 years ago
very good =)
xoxo
justdahgirl90 4 years ago
Keep HOPE alive
theblackbond 4 years ago
cool vid.
madebyroby 4 years ago
Great job!
williamdouglasb 4 years ago
Very powerful video, hopefully the world will wake up one day and learn to help one another...the key is love..
Voyagersguidebook 4 years ago 3
Bangladesh gave us a million dollars after Katrina. That's not microloans, but they did help us out for such a poor country. They have my respect.
soultaker76 4 years ago 3
Very beneficial.
PDFandTRIPLEJ 4 years ago
This concept is very smart and innovative, very positive and it contributes to hope and to the insurance of the human right to have sth on one's own and is yet so simple and concrete! Amazing!
brikaka 4 years ago 2
Thank you :)
Sanyallana 4 years ago
Thanks for what you're doing
soniarv 4 years ago