That's a valid concern. It should also be noted that the amount of capital available for microfinance in the world doesn't even come close to the amount necessary to fill all the microfinance needs. This type of lending has the potential to greatly increase the amount of funding. I think that given the choice of having no microfinance, or having it with 3% tacked on for the investor, most people would rather have the option to take the loan.
I don't think the true intent of micro finance is for banks and entrepreneurs to get rich. I know if I were to invest it wouldn't be with a goal of getting rich. However if I lost everything I were to invest I'd feel better about it then when I lost 5k to WaMu.
It should also be mentioned that Micro Finance isn't working very well. It's extremely expensive to manage small loans to individuals who normally don't have phones or addresses. The default rate isn't high, but the cost of keeping track of the loans is so high that normal banks and entreprenuers don't pursue micro markets.
It should also be mentioned that Micro Finance isn't working very well. It's extremely expensive to manage small loans to individuals who normally don't have phones or addresses. The default rate isn't high, but the cost of keeping track of the loans is so high that normal banks and entreprenuers don't pursue micro markets.
Great Video, great flow from one stage to the next with clever animation. I think you should change "one of every two in our world" to "Half of those in our world" or One in two". "One in every two" sounds awkward because every does not apply to two. And normally the "four in five" or the "one in eight" is used more comfortably with larger denominators.
I really like the idea behind microfinance. This seems like a great way to help people without it being charity. Plus at a 1-3% interest rate it's totally repayable. Plus most banks aren't even paying that much in interest these days for a savings account.
Great Video, great flow from one stage to the next with clever animation. I think you should change "one of every two in our world" to "Half of those in our world" or One in two". "One in every two" sounds awkward because every does not apply to two. And normally the "four in five" or the "one in eight" is used more comfortably with larger denominators.
Great video. I really appreciate that the text motion effects were so purpose driven. They are so often a distraction and filler used only because the editor thought they would "look cool." Yours helped tell the story. Only suggestion is that the human element could be a tinge stronger... perhaps ending with a smiling face or simple market spread of a man/woman's business made possible by the loan. Thanks for sharing!
That's a valid concern. It should also be noted that the amount of capital available for microfinance in the world doesn't even come close to the amount necessary to fill all the microfinance needs. This type of lending has the potential to greatly increase the amount of funding. I think that given the choice of having no microfinance, or having it with 3% tacked on for the investor, most people would rather have the option to take the loan.
I don't think a 3% return makes one rich.
bruin8207 1 year ago
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scarlettwannaB 1 year ago
I don't think the true intent of micro finance is for banks and entrepreneurs to get rich. I know if I were to invest it wouldn't be with a goal of getting rich. However if I lost everything I were to invest I'd feel better about it then when I lost 5k to WaMu.
scarlettwannaB 1 year ago
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It should also be mentioned that Micro Finance isn't working very well. It's extremely expensive to manage small loans to individuals who normally don't have phones or addresses. The default rate isn't high, but the cost of keeping track of the loans is so high that normal banks and entreprenuers don't pursue micro markets.
CentristNews 1 year ago
It should also be mentioned that Micro Finance isn't working very well. It's extremely expensive to manage small loans to individuals who normally don't have phones or addresses. The default rate isn't high, but the cost of keeping track of the loans is so high that normal banks and entreprenuers don't pursue micro markets.
CentristNews 1 year ago
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CentristNews 1 year ago
Great Video, great flow from one stage to the next with clever animation. I think you should change "one of every two in our world" to "Half of those in our world" or One in two". "One in every two" sounds awkward because every does not apply to two. And normally the "four in five" or the "one in eight" is used more comfortably with larger denominators.
CentristNews 1 year ago
I really like the idea behind microfinance. This seems like a great way to help people without it being charity. Plus at a 1-3% interest rate it's totally repayable. Plus most banks aren't even paying that much in interest these days for a savings account.
scarlettwannaB 1 year ago
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Great Video, great flow from one stage to the next with clever animation. I think you should change "one of every two in our world" to "Half of those in our world" or One in two". "One in every two" sounds awkward because every does not apply to two. And normally the "four in five" or the "one in eight" is used more comfortably with larger denominators.
CentristNews 1 year ago
This is wonderful. I love the final message. well done! What is the name of the piano piece you used?
pllyzbkind 1 year ago
This is a great video. But I'd have to agree, I think it could have a little more human element to it. But I love the song and the text is great.
eaharris218 1 year ago
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eaharris218 1 year ago
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eaharris218 1 year ago
Great video. I really appreciate that the text motion effects were so purpose driven. They are so often a distraction and filler used only because the editor thought they would "look cool." Yours helped tell the story. Only suggestion is that the human element could be a tinge stronger... perhaps ending with a smiling face or simple market spread of a man/woman's business made possible by the loan. Thanks for sharing!
briankangaroo 1 year ago
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Great video with a great message! We're friends of Sara!
mahna1999 1 year ago
This has been flagged as spam show
Great video with a great message! We're friends of Sara!
mahna1999 1 year ago
Great video with a great message! We're friends of Sara!
mahna1999 1 year ago
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scarlettwannaB 1 year ago
Well done. It makes me want to find out more about Microplace. I'm thinking this is a worthy cause.
scarlettwannaB 1 year ago
Neat video. Very motivating. Microlending is a wonderful way to help the Haitians. Good luck in your travels.
opticsmanhicks 1 year ago
this movie is awesome!!! Its truly powerful!!
pbooren 1 year ago
this movie is awesome!!! Its truly powerful!!
pbooren 1 year ago
this movie is awesome!!! Its truly powerful!!
pbooren 1 year ago
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this movie is awesome!!! Its truly powerful!!
pbooren 1 year ago
this movie is awesome!!! Its truly powerful!!
pbooren 1 year ago
this movie is awesome!!! Its truly powerful!!
pbooren 1 year ago