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Interesting that the article doesn't mention Nobel Peace Laureate Muhammad Yunus. In order to be eligible for his micro loans people had to commit to building a
by cjbenedikt 9y ago
Interesting that the article doesn't mention Nobel Peace Laureate Muhammad Yunus. In order to be eligible for his micro loans people had to commit to building a toilet/WC/loo amongst other things. Given that approx. 140 mio people in Bangladesh borrowed micro loans from him he must have had some influence on it.
- rubayeet 9y ago> Given that approx. 140 mio people in Bangladesh borrowed micro loans from him he must have had some influence on it. That's a little far fetched. I am one of the 140 mil and I do not recall borrowing from him (or anyone I know). As novel as the idea of micro financing is, realistically it has little impact on poverty reduction in Bangladesh, the RMG and manpower export sector has more stake in the claim. The sanitation revolution can be attributed to Sir Fazle Hasan Abed[0], the founder of BRAC[1]. [0] https://en.wikipedia.org/wiki/Fazle_Hasan_Abed https://en.wikipedia.org/wiki/Fazle_Hasan_Abed [1] https://en.wikipedia.org/wiki/BRAC_(organization) https://en.wikipedia.org/wiki/BRAC_(organization)