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When another Bengali won the Nobel prize, I had to know who this Prof. Muhammad Yunus is. And this morning I read all the articles available to me about this global enterprise:the Grameen Bank. As I see it, its collateral is based on group pressure coupled with high interest rate 35% (it is ably defended). I see Bangladeshis doing very well abroad and, in any case, as a nation, statistically even competing with their big neighbour India, which at one time I found very hard to believe, with my unreasonable prejudice against Bangladeshis. Without beating about the bush, let us then follow the professor when he says “Follow me and beat poverty.” Why not, dear netters? Bhuban |
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