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You are from BRAC! I have heard they are some sort of BLOOD SUCKER, by giving small money to poor they take 80% interest. Even some rural farmer had to suicide

by siam 13y ago

You are from BRAC! I have heard they are some sort of BLOOD SUCKER, by giving small money to poor they take 80% interest. Even some rural farmer had to suicide after taking loan from Brac. And you are talking about "living standard" how funny man :)

pavs 13y ago
You are confusing brac with something else that happend in india.
- eksith 13y ago
  No, I think he got it pretty spot on. I.E. From just December last year : http://www.eoi.es/blogs/amyblyth/dp-the-grameen-and-brac-experience/ http://www.eoi.es/blogs/amyblyth/dp-the-grameen-and-brac-exp... For balance, here's the response straight from the horse's mouth before that story was written : http://www.brac.net/node/861 http://www.brac.net/node/861 Very convenient when borrowers are unaware of those choices all too often as happened in Sri Lanka too after the tsunami. And a guardian piece from 2008 : http://www.guardian.co.uk/society/2008/feb/20/internationalaidanddevelopment.bangladesh http://www.guardian.co.uk/society/2008/feb/20/internationala... Ah, but these are "Western media" outlets with a clearly biased view spewed from behind the computer. I was born there, but let me return to the modest shack my granddad built so I'll have better standing, shoulder-to-shoulder, with you. Your organization is the NGO equivalent of the U.N. with greater far-reaching tentacles in every aspect of the poorest communities you influence. The garment factories you hold in such high esteem are exploitive in the extreme and the level of self-delusion you exhibit would have been funny if the consequences weren't so tragic. Edit: Reply link not showing up yet. Meanwhile, since microcredit is the bread and butter, so to speak, of the BRAC scheme : https://www.google.com/search?q=consequences+of+microcredit https://www.google.com/search?q=consequences+of+microcredit https://www.google.com/search?q=effects+of+microcredit https://www.google.com/search?q=effects+of+microcredit https://www.google.com/search?q=repercussions+of+microcredit https://www.google.com/search?q=repercussions+of+microcredit
  - pavs 13y ago
    Can you please point out the reference of BRAC charging 80% interest rate and farmers committing suicide? I didn't find any such thing from your links after a quick glance.

by siam 13y ago

pavs 13y ago

You are confusing brac with something else that happend in india.

eksith 13y ago
No, I think he got it pretty spot on. I.E. From just December last year : http://www.eoi.es/blogs/amyblyth/dp-the-grameen-and-brac-experience/ http://www.eoi.es/blogs/amyblyth/dp-the-grameen-and-brac-exp... For balance, here's the response straight from the horse's mouth before that story was written : http://www.brac.net/node/861 http://www.brac.net/node/861 Very convenient when borrowers are unaware of those choices all too often as happened in Sri Lanka too after the tsunami. And a guardian piece from 2008 : http://www.guardian.co.uk/society/2008/feb/20/internationalaidanddevelopment.bangladesh http://www.guardian.co.uk/society/2008/feb/20/internationala... Ah, but these are "Western media" outlets with a clearly biased view spewed from behind the computer. I was born there, but let me return to the modest shack my granddad built so I'll have better standing, shoulder-to-shoulder, with you. Your organization is the NGO equivalent of the U.N. with greater far-reaching tentacles in every aspect of the poorest communities you influence. The garment factories you hold in such high esteem are exploitive in the extreme and the level of self-delusion you exhibit would have been funny if the consequences weren't so tragic. Edit: Reply link not showing up yet. Meanwhile, since microcredit is the bread and butter, so to speak, of the BRAC scheme : https://www.google.com/search?q=consequences+of+microcredit https://www.google.com/search?q=consequences+of+microcredit https://www.google.com/search?q=effects+of+microcredit https://www.google.com/search?q=effects+of+microcredit https://www.google.com/search?q=repercussions+of+microcredit https://www.google.com/search?q=repercussions+of+microcredit
- pavs 13y ago
  Can you please point out the reference of BRAC charging 80% interest rate and farmers committing suicide? I didn't find any such thing from your links after a quick glance.